WASHINGTON—A new cybersecurity labelling program has been introduced in which smart devices that meet specific cybersecurity standards will be marked with a “US Cyber Trust Mark” shield logo.
Fresh Today
NEW YORK–The U.S. card payments market is expected to grow at a strong compound annual growth rate (CAGR) of 7.8% between 2023 and 2027 to reach $13.9 trillion in 2027, according to a new analysis from GlobalData.
WASHINGTON–The U.S. economy added 187,000 jobs during July, indicating the economy is cooling and likely lifting pressure on the Fed to ease up on the raising of rates.
ST. LOUIS–In part two of this two-part analysis of proposed credit union mergers, CUToday.info has found CUs with some whopping capital ratios (one north of 63%) and only a few planning to return any of that capital to members, as well as a higher-than-usual number of credit unions with no succession plans citing both CEO and board member retirements and as reasons they must find a partner.
ST. LOUIS–A new survey around the knowledge and life skills of Millennials and Gen Z’ers has considerable uncertainty around financial issues, even as nearly half also believe money management is the most important life skill to have.
COSTA MESA, Calif.–With consumers’ finances under strain, financial institutions should fortify security to help improve customer/member relationships, and it appears that an increased focus on account security may be an effective way to accomplish that goal, according to a new J.D. Power report.
ARLINGTON, Va.—Total vehicle sales increased by 100,000 annualized units in July and monthly sales levels were up 22.6% year over year.
GOLDEN, Colo.–On Tap Credit Union has launched a new brand awareness campaign themed “Your Banking Needs are On Tap.”
CHICAGO – The average consumer with a student loan carries about $35,000 in debt, according to a new TransUnion study, with the company suggesting that as student loan payments resume in September, many borrowers may “find themselves facing the challenge of having to manage these payments for the first time amidst a more expensive monthly debt portfolio.”
WASHINGTON — The Consumer Financial Protection Bureau has filed a lawsuit in federal court against auto-loan servicer USASF Servicing (USASF) alleging a host of illegal practices that harmed individuals with auto loans.