FORT WORTH, Texas—A federal judge here has rejected a request by the CFPB to lift an order that has blocked its new regulation capping credit card late fees at $8, Reuters reported.
THE boost
WASHINGTON— After finalizing a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps, the Consumer Financial Protection Bureau has published a new order establishing supervisory authority over Google Payment Corp.
SPOKANE, Wash. ––Scammers are increasingly using phone numbers to impersonate Spokane Teacher's Credit Union (STCU) staff in an attempt to deceive members and steal cash, KHQ reported.
LINCOLN, Neb.—The $479-million Liberty First Credit Union recently disclosed it suffered a data breach that compromised the sensitive personal data of thousands of individuals, Levi & Korsinsky, LLP, reported.
CHANDLER, Ariz.—The $750-million First Credit Union here has added buy now, pay later to its online banking products.
ALEXANDRIA, Va.– NCUA’s proposed 2025-26 budget is simply too high, according to the industry’s two largest trade groups, which offered input and feedback on where they want to see the agency take action on its expenses.
ALEXANDRIA, Va.—During its open board meeting Thursday, NCUA shared good and bad news regarding the National Credit Union Share Insurance Fund and its ability to cover potential credit union losses.
WASHINGTON—During his testimony before the House Financial Services Committee Wednesday, NCUA Chairman Todd Harper did not miss an opportunity to press Congress for the agency receiving third-party vendor oversight authority and eliminating restrictions on the NCUSIF’s equity ratio.
BOULDER, Colo. – In an effort to raise name, image and likeness (NIL) dollars for student athletes, Elevations Credit Union has introduced the Go Buffs Visa Signature Rewards Card.
NEW YORK—The U.S. government will continue to bolster efforts to fight money laundering and enforce Know-Your-Customer rules, regulators warned Wall Street financiers this week.
