NEW YORK—The instant payments market is expected to grow by 161%, rising to $58-trillion in 2028 from $22 trillion, according to a new report.
THE news
MAPLE GROVE, Minn.–Two Minnesota credit unions are seeking to merge.
NEW YORK—Lower-income consumers are increasingly struggling to keep up with their loan payments, according to recent data and bank executives, and the result is banks have tightened underwriting on loans for the segment, according to a new report.
MONETT, Mo.– A new survey of credit union and community banks has found growing deposits and operational efficiency are their top priorities.
WASHINGTON–Calling Frontwave Credit Union’s overdraft practices “unconscionable,” a half-dozen members of Congress are calling for an investigation in a letter sent to the credit union.
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) is continuing its focus on what it calls “junk fees,” with the release of a new Supervisory Highlights that describes its actions to combat such fees charged by mortgage servicers, as well as “other illegal practices.”
NEW YORK—The increase in credit card debt signals that many Americans are struggling to pay for basic needs, a new report suggests.
OLYMPIA, Wash.–Seven branches of Washington State Employees CU as well as its headquarters were closed following death threats made to a member service rep.
OLYMPIA, Wash.–Seven branches of Washington State Employees CU as well as its headquarters were closed following death threats made to a member service rep.
BUFFALO, N.Y.–The newest Homebuyer Intelligence Report, a quarterly summary of the home buying process based on data collected by the LenderLogix, suggests a strong homebuying season is approaching, according to the company.
