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NEW YORK–J.P. Morgan said it will begin testing biometric-based payments at some U.S. retailers. The pilot program includes palm and face identification to approve in-store transactions.

HONOLULU–Hawaii Central Credit Union is reporting the video teller services it introduced in 2021 during the pandemic continue to grow in popularity among members.

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) has issued a warning letter to cryptocurrency provider Utoppia demanding that it and its officers cease and desist from making false and misleading statements about FDIC deposit insurance.

SAN ANTONIO—Automobile repossessions are not just rising as delinquencies creep higher, a bigger concern is that “skips”—where borrowers stop paying and drive off with the vehicle—are happening within credit unions at an almost record rate, SWBC says.

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.

WESTBROOK, Maine–Synergent has been honored with three CUNA Marketing & Business Development Council Diamond Awards for campaigns completed in collaboration with credit unions it serves.