PURCHASE, N.Y.—With chargeback volumes expected to reach 337 million by 2026, a 42% increase from 2023 levels, Mastercard and Worldpay said they are partnering in an effort to reduce that number.
Fresh Today
TORONTO–Canadians who bank with a credit union score better on key financial health metrics than those who don't, according to a new poll conducted by the Canadian Credit Union Association (CCUA).
ALEXANDRIA, Va.–NCUA will host a webinar today on liquidity risk management. Registration for the Liquidity Risk Management webinar is now open for the webinar that will begin at 2 p.m. Eastern and run approximately 60 minutes.
VIENNA, Va.–After winning the contract last year, Navy Federal Credit Union said it has officially started operating the Military Banking Facilities (MBF) overseas, better known as "Community Bank."
WASHINGTON—The CFPB’s proposed rule on overdraft fees will harm community-based credit unions and their members, America’s Credit Unions wrote to the agency.
WASHINGTON –Some 142 consumer, civil rights, military, legal services, and community groups have submitted comments in “strong support” of the Consumer Financial Protection Bureau’s (CFPB) proposed rule governing the overdraft lending practices of the largest financial institutions.
HOUSTON–Tony L. Black, the CEO of Baylor College of Medicine Federal Credit Union, has passed away. Mr. Black was 62.
WASHINGTON—The CFPB has released its 2023 consumer response report , which found there has been an increase in complaints about credit reporting agencies.
MEMPHIS, Tenn.— With the solar eclipse set for April 8 in North America, Orion Federal Credit Union said it is donating 20,000 eclipse-viewing glasses to area schools and community partners in the greater Memphis area.
CUPERTINO, Calif.–Credit unions may want to caution their members, as well as employees, who are users of Apple devices and confident they don’t face the kinds of security risks as users of other devices—that they face a significant risk.