WASHINGTON—What will be the impact of a federal judge largely upholding the Illinois’ Interchange Fee Prohibition Act (IFPA)?
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WASHINGTON--A bill to protect parity for state-chartered credit unions and clarify the Depository Institutions Deregulation and Monetary Control Act (DIDMCA) was introduced this week by Sen. Bernie Moreno (R-OH) and Rep. Warren Davidson (R-OH).
WASHINGTON — U.S. Sens. Ted Cruz (R-Texas) and Katie Britt (R-Ala.) have introduced the Community Bank Relief Act, legislation that would raise — and annually adjust for inflation — the $10 billion asset threshold that triggers federal limits on debit card interchange fees, according to reporting by Bloomberg.
NEW YORK--After more than a decade of rapid expansion, the Community Development Financial Institution (CDFI) industry has entered a modest pullback, with both the number of certified institutions and total assets declining since 2023, according to a new report from the Federal Reserve Bank of New York.
SAN JOSE, Calif. — PayPal Holdings Inc. announced a major leadership transition Tuesday, naming Enrique Lores as its new president and chief executive officer, effective March 1, 2026.
WASHINGTON — A partial funding lapse at the Department of Homeland Security is increasingly likely after Senate Democrats blocked a procedural vote on a House-passed DHS funding bill Thursday, leaving the chamber short of the 60 votes needed to advance the measure, POLITICO reported.
GREENSBORO, N.C. – Vizo Financial’s annual Risk Management Conference is returning to Hershey, Pa., in 2026.
MCLEAN, Va., The 30-year fixed-rate mortgage ticked lower this past week, averaging 6.09%, Freddie Mac reported.
TAMPA--Rise Analytics, a wholly owned subsidiary of Trellance, has launched its new 5300 Automation Solution designed to significantly reduce the time, effort and risk associated with preparing the NCUA 5300 Call Report, the company announced.
WASHINGTON--The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.26% of all loans outstanding at the end of the fourth quarter of 2025, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.