NEW YORK—With plenty if debate among economists around when U.S. consumers would run out of steam once and for all, Citigroup CEO Jane Fraser is saying “the time is nigh.”
Fresh Today
MADISON, Wis.–An update has been offered on what the new lives in America are like for the former head of Afghanistan’s credit unions and his family.
UNCASVILLE, Conn.–The Cooperative Credit Union Association and the Credit Union League of Connecticut have wrapped up their jointly hosted APEX Conference at the Mohegan Sun here.
ALEXANDRIA, Va. –NCUA has opened registration for a webinar on serving the Hispanic market at a National Credit Union Administration on Oct. 19. The event will begin at 2 p.m. ET.
DUNDALK, Ireland–Staff from Ukrainian Persha Vseukrayinska Kredytna Spilka (PVKS Credit Union) participated in a four-day Global Bridges engagement to Ireland, where they met with representatives of Dundalk Credit Union.
NEW YORK–Inclusiv is reporting it has applied for the Environmental Protection Agency’s (EPA) $6 billion Greenhouse Gas Reduction Fund Clean Communities Investment Accelerator (CCIA).
MINNEAPOLIS–Under a headline that asks, “Why are there suddenly credit unions 'everywhere' in Minnesota?”, the Minneapolis Star-Tribune published a profile that explored how banks have been closing branches and credit unions opening them across the state.
SACRAMENTO, Calif.—California’s legislators have passed the Digital Financial Assets Law that would require a license to “engage in digital financial asset business activity” with or on behalf of any Californians. Gov. Gavin Newsom is expected to sign it into law. If he does, the law will take effect July 1, 2025, JD Supra reported.
WASHINGTON–The FTC and the CFPB have entered into an agreement that requires TransUnion to pay $15 million over charges it failed to ensure the accuracy of its tenant screening reports.
NEW YORK—Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, according to Goldman Sachs.