NEW YORK—Americans paid nearly 50% more in credit card expenses last year than they were five years ago.
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BRUSSELS, Belgium—The European Union has struck an agreement to beef up provisions to tackle money laundering in the bloc, including in cryptocurrency.
SAN FRANCISCO—MoneyGram reported it is now partnering with open banking platform Trustly to introduce cardless payment options throughout Europe.
TROY, Mich. — U.S. retail bank customers are “losing faith in their bank, and customer attrition is a concern,” according to J.D. Power’s new 2024 U.S. Retail Banking Satisfaction Study.
AUSTIN, Texas– A new study offers some updated insights into the borrowing habits and credit outlook for Millennials and Gen Zers.
NEW YORK—A new study shows four in five Americans use mobile payment apps, and 50% of Americans say they use these apps once a week or more often, the company reported.
WASHINGTON–The Consumer Financial Protection Bureau has won a victory in a lawsuit over its new rules on credit card late fees.
ALEXANDRIA, Va.–NCUA has issued two prohibition notices and one consent order in March 2024. As a result the individuals are permanently prohibited from participating in the affairs of any federally insured depository institution.
ORLANDO, Fla.–Orlando Credit Union said that for every activation of any of its credit cards, combined with creation and origination of a Rewards Checking account, it will reward new members with $250 cash back.
WASHINGTON–The Financial Crimes Enforcement Network (FinCEN) has some questions about collecting Social Security numbers (SSNs) and it is seeking feedback.