Advanced search

MOSCOW— Russian and Chinese entities that provide alternatives to Visa and Mastercard payment networks may be reaping significant benefits from sanctions the West imposed in response to Russia’s invasion of Ukraine, according to one new analysis.

MILWAUKIE, Ore.–The Healthcare Credit Union Association has updated its website with a new look and functionality.

LONDON—Removing your wallet or phone to pay for things just too much work for you? Good news. Consumers may be able to skip that step entirely, thanks to a new implantable payment chip.

JACKSONVILLE, Fla. — Two more Florida credit unions have announced plans to merge.

WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has published a report examining mortgage servicers’ responses to the COVID-19 pandemic, which it said reveals homeowners continue to face significant risks and challenges connected to working with their mortgage servicers.

WASHINGTON–Former Federal Reserve Chairman Ben Bernanke, who headed the central bank during the 2008 financial crisis, is now warning that the United States is headed for a situation similar to that of the 1970s, when Americans were losing their jobs but still facing higher prices at the grocery store and at the pump.

WASHINGTON–Three bills of strong interest to credit unions are on the agenda for markup by the House Financial Services Committee, one of which “poses a costly threat to the credit union industry,” according to NAFC

WASHINGTON–It will be a busy day for politics today with five states conducting primaries in which credit unions and their political action committees have invested more than $169,000 on 31 candidates.

NEW ORLEANS—A Fifth Circuit Court panel is questioning whether a U.S. Supreme Court ruling requires the Consumer Financial Protection Bureau to invalidate a 2020 payday rule and to restart the process of new payday loan regulations.

WASHINGTON—CUNA has written to members of Congress who have roles in appropriations expressing support for $50 million in funding for the U.S. Agency for International Development’s Cooperative Development Program (CDP) for fiscal year 2023.