NEW YORK—In North America, 60% of consumers use cash to pay for a transaction at least once a week, a substantial decrease from 67% in 2015, according to a new study that also shows mobile payments adoption continues to advance slowly.
Fresh Today
ARLINGTON, Va.–Credit unions are hopeful that the new Congress, with Republican majorities in the House and Senate, and Republican President-Elect Donald Trump will help bring about regulatory relief.
WASHINGTON—Significantly more Americans are turning to mobile and online banking, according to a recent FDIC study that also indicates prepaid demand is rising.
ROCHESTER, N.Y.–Two financial institutions, including a credit union here, have been hit by skimmers that drained funds from consumers’ accounts.
WASHINGTON –Will lenders soon have to pay up for increasing their attention to subprime cardholders?
IRVINE, Calif.–The inventory of foreclosed homes in the U.S. declined by 31.1% and completed foreclosures declined by 7.0% compared with September 2015, according to the September 2016 National Foreclosure Report from CoreLogic.
FAIRHOPE, Ala.–The CEOs of six CUSOs took to the stage as CU*SOUTH hosted its CU Visionary Conference and Annual Meeting at the Perdido Beach Resort here.
NEW YORK– The delinquency rate on commercial MBS continued its ascent during October.
APPLE VALLEY, Minn.–Royal Credit Union announced that its acquisition of an office of Deerwood Bank here has been completed.
BALTIMORE—MECU of Baltimore held a celebration to mark its 80th anniversary.