CHICAGO—Another report indicates that credit card delinquencies are inching up as a result of increased lending to subprime borrowers in the last few years.
Fresh Today
NEW YORK—The holiday season is the prime time for fraudsters looking to take advantage of distracted, frenzied shoppers, cautions security expert Adam Levin, who details a growing attack on consumers this December.
ROSWELL, N.M.–The Florist Federal Credit Union has named Cisco Malpartida Smith as its new President/CEO.
SAN FRANCISCO —Numerous fintechs are expanding their use of artificial intelligence to create new virtual financial assistants for consumers.
HANSCOM AFB, Mass.–Two more CUs have announced special member bonus payments.
SOUTHLAKE, Texas—A credit union CEO here has been jailed for allegedly stealing marketing signs sings from a local housing development.
WASHINGTON–Credit unions seeking a potential new market to target for mortgage lending should consider single women, according to a new analysis.
FOSTER CITY, Calif.—EMV compliant card present transactions are inching up globally.
WASHINGTON–Only six of the nation’s 50 largest banks restrict overdrafts with consumer-friendly policies, while the remaining 44 engage in one or more practices likely to hit their customers with overdraft fees, according to new research by the Pew Charitable Trusts.
WASHINGTON—CUNA is asserting that a new study from the Pew Charitable Trust misunderstands CU overdraft programs and the regulations that apply to them.