Fresh Today

Fresh Today

WASHINGTON—Oral arguments have concluded here in the case against the Federal Communications Commission’s order on Telephone Consumer Protection Act prohibitions on autodialed calls to account holders. The court could issue a decision at any time, reported NAFCU.

NEW HAVEN, Conn.—The rate of enforcement activity against financial institutions in the third quarter of 2016 dropped below 7% for the first time since The Banking Compliance Index (BCI) was introduced in 2013. The most recent measure showed a 6.54% rate.

PRINCETON JUNCTION, N.J.–The U.S. Payments Forum has released its fall 2016 market snapshot, providing statements on the status of the U.S. chip migration, its impacts on the U.S. market, and upcoming priorities and recently released resources for moving the transition forward.

BURLINGTON, Mass./TORONTO, Canada–Eastern Corporate FCU (EasCorp) and its business partner for international payment services, Cambridge Global Payments, announced the two companies will jointly celebrate International Credit Union (ICU) Day today by waiving their ordinary fees to EasCorp member credit unions for all foreign-bound funds transfers. Moreover, EasCorp said it will encourage members to pass the value to their members who need or want to send money today.