NEW YORK—A new study predicts fintechs may not always dominate the buy now, pay later space.
Fresh Today
COSTA MESA, Calif.–A new report from J.D. Power offers some insights into why Apple Pay Later is gaining marketshare and who should be concerned about it
WASHINGTON—The Senate has passed its version of the fiscal year 2024 National Defense Authorization Act (NDAA) 86-11, and the final bill did not include provisions related to components of the Credit Card Competition Act nor did it include language that would give banks access to leases for facilities on military bases that are equal to those currently provided to credit unions.
YONKERS, N.Y.– The New York State Department of Financial Services has placed Yonkers Postal Employees Credit Union into conservatorship and appointed the National Credit Union Administration as conservator.
WASHINGTON—The House Financial Services Committee has advanced a resolution to void the Consumer Financial Protection Bureau’s section 1071 rule via the Congressional Review Act.
WASHINGTON—The FDIC, Federal Reserve and OCC have now opened the comment period as they seek feedback on a proposal put forth last week that raises capital standards for some of the nation’s largest financial institutions.
PLYMOUTH, Mich.–Community Financial Credit Union has introduced a new brand identity featuring what it says is a “symbolic logo” to go with a vibrant color palette, as well as the transition to primarily using the abbreviation “CFCU.”
ROME, N.Y.–AmeriCU Credit Union said it has been approved by the New York State Department of Financial Services to expand its field of membership into 15 additional counties across the North Country, Mohawk Valley, Central New York, and Cortland-Ithaca communities.
EL PASO, Texas–Raiz FCU said it has released a “leading-edge digital banking platform” that enhances the user experience.
IRVINE, Calif.–Origence and Eltropy said they are expanding a partnership announced in late 2022 to deliver an “enhanced” loan origination experience.