Fresh Today

NEW YORK—Venmo has introduced a new service that allows parents to open a Venmo account for their children between the ages of 13-17 to send and receive money via the app.

WASHINGTON – A new report has identified the top 10 consumer complaint categories made to agencies during 2022, and not surprisingly financial-related issues are in the top three.

WASHINGTON–The American Bankers Association told NCUA it opposes a proposed rule to expand field of membership rules.

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has published an issue spotlight on digital payment apps heavily used by consumers and businesses it said has found that funds stored on the apps “may not be safe in the event of financial distress.”

CUPERTINO, Calif.–Customers who placed funds in a high-yielding savings account launched in April by Apple in partnership with Goldman Sachs are reporting difficulties in withdrawing their money.

PHILADELPHIA–TruMark Financial Credit Union has once again raised funds for financial education initiatives by having three of its executives kiss a pig.

WASHINGTON–Nine female executives from eight credit union leagues and league foundations participated in the 1-to-1Woman Mentoring Program’s most recent cohort, which was sponsored by the American Association of Credit Union Leagues (AACUL).

WASHINGTON—NCUA has joined with five other federal regulatory agencies in requesting public comment on a proposed rule designed to ensure the “credibility and integrity” of models used in real estate valuations.

LEXINGTON, Ky.—Commonwealth Credit Union is reporting it has made a “historic philanthropic donation” of $2 million to support the construction of Baptist Health Hamburg, which is set to open in the spring of 202

COSTA MESA, Calif.–Can a new digital wallet called Paze compete with the likes of PayPal, Apple and Google?