SAN FRANCISCO–Wells Fargo has agreed to pay $1 billion to settle a class-action lawsuit that, essentially, was all about previous lawsuits and its scandals.
Fresh Today
PALM COAST, Fla.–More than a half-dozen new job openings have been added to CUToday.info’s the Gig.
PURCHASE, N.Y.—Mastercard has launched a new service called Mastercard Crypto Credentials that it said allows banks and other financial institutions to store and verify customers' digital assets, including cryptocurrencies.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has announced that credit unions can still apply to participate in the agency’s Velocity TechSprint, which is set for July 10-13 in Washington, D.C.
BOSTON–A new analysis of small business owners’ views of their current state and what lies ahead can be summed up in two words, according to its authors: “economic backslide.”
SEATTLE—Credit unions and other card issuers have even more to be worried about when it comes to competing with Amazon’s offers, as the company has rebranded its credit cards and upgraded benefits, according to a new report.
TROY, Mich.— Consumer satisfaction with online-only banks continues to rise, driven in part by rising interest rates, according tothe new J.D. Power 2023 U.S. Direct Banking Satisfaction Study.
A Busy Week in Washington Has Bankers in Town, NCUA Chair Testifying, Hearings of Interest, and More
WASHINGTON—It’s a busy week in Washington that will have legislators focused on the debt ceiling, potential deposit insurance reform, the failures of Signature Bank and Silicon Valley Bank.
WASHINGTON—Community bankers are in Washington this week and while their list of priorities in meeting with representatives will look familiar, one long-time item of concern is missing: credit unions.
BOSTON–Two new people have been named to lead credit unions in Massachusetts.