PURCHASE, N.Y.— Mastercard is partnering with the world’s largest crypto exchange, Binance, to launch a prepaid crypto card in Latin America.
Fresh Today
LONDON—Members of the European Parliament (MEPs) have outlined plans for an E.U.-wide digital identity framework providing EU citizens with digital access to key public services across EU borders.
LONDON—Barclays is being investigated by Britain's financial regulator for suspected failings in its compliance and anti-money laundering systems.
NEW YORK—The nation’s two biggest banks are reporting rising delinquency rates on their credit cards. The announcements are in keeping with what is being seen elsewhere. As CUToday.info reported here, the Federal Reserve Bank of New York has released new data showing card delinquencies are rising.
ST. LOUIS–A new survey suggests credit unions not only have an opportunity to help members with moving expenses, but perhaps also with expenses for moving back.
MOON TOWNSHIP, Penn.–Credit unions in two states have named new leaders.
CHICAGO–Alliant Credit Union is reporting its loan trading desk sold $470 million in commercial and consumer loan participations during 2022 through 25 transactions, up 74% from 2021.
WASHINGTON–Newly released minutes from the Federal Reserve’s most recent meeting shows nearly all of the policymakers supported the decision to continue to slow the pace of interest rate hikes, but also indicated that curbing inflation will remain the “key factor” in how much longer (and how much higher) the rate increases will continue.
ST. PETERSBURG, Fla.— PSCU has been named to the Forbes list of America’s Best Midsize Employers 2023.
MADISON, Wis.–Filene has named 29 “credit union innovators” as its newest cohort of the Filene i3 Program.