SANDY, Utah—A man here reportedly was able to steal funds from several credit unions by using fake U.S. passports.
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WASHINGTON–More than 200 credit unions have received close to $600 million in total from Treasury’s CDFI Fund’s Equity Recovery program (CDFI ERP) grants.
WASHINGTON–Consumer credit hit a record high of $4.82 trillion in February, according to new data released by the Federal Reserve, continuing a debt trend that emerged at the beginning of 2022, even as interest rate increases have only made that debt more expensive.
NEW YORK–A new study offers insights into the financial state of gig workers when it comes to their futures and retirement planning, finding most people come up short.
MADISON, Wis.—Fifty credit union members in Belize are making repairs to hurricane-related property damage with assistance from $40,000 in disaster relief funds provided by Worldwide Foundation for Credit Unions (WFCU), the Caribbean Confederation of Credit Unions’ (CCCU) Development Foundation and the Belize Credit Union League, according to the World Council of Credit Union.
PLANO, Texas–What’s being described as a “feel-good” social media campaign called “To My Jelly Bean” has been launched by Alkami Technology with a goal of “highlighting the importance of regional and community banks and credit unions in the lives of account holders nationwide.”
BROOKFIELD, Wis.—Fiserv said it is partnering with Axletree to improve cross-border payments for consumers.
LONDON—Just how much does it cost to send a remittance using a bank in the United Kingdom? No one is quite sure, as the banks made it difficult to know, according to a new report.
WASHINGTON—Challenges in the digital marketplace was a key discussion topic as members of the U.S.-EU Joint Technology Competition Policy Dialogue (TCPD) recently met here, the Federal Trade Commission reported.
WASHINGTON–Perhaps not too surprisingly, a new survey of American consumers has found nine in 10 Americans are concerned about the current cost of living in the United States, with the greatest concerns being expressed around credit card debt.