Senator Announces Bipartisan Investigation of Ransomware and Cryptocurrencies 07/28/2021 08:04 pm WASHINGTON—Amid growing concerns surrounding ransomware attacks in the U.S., Sen. Gary Peters (D-MI) has announced a bipartisan investigation of how cryptocurrencies could be facilitating such activity.
Lloyds Bank, Mastercard Solution Allows Direct Payments to Merchants 07/28/2021 08:04 pm LONDON—Lloyds Bank reported it is teaming up with Mastercard to launch PayFrom Bank, a solution it said will provide users with the power to make direct payments to merchants from their bank accounts.
The Most Cataclysmic NCUA Proposal Ever 07/28/2021 08:05 pm Last week the NCUA board asked for comment on a new capital rule that could significantly undermine credit unions’ ability to serve their members and the system’s financial soundness.
Applications for Auto Loans, Mortgages, Cards Have Mostly Returned to Pre-Pandemic Levels, CFPB Reports 07/28/2021 09:06 pm WASHINGTON—The Consumer Financial Protection Bureau has published an issue brief showing that consumer applications for auto loans, new mortgages and revolving credit cards had mostly returned to pre-pandemic levels by May 2021.
Town & Country FCU Expands Initiative Supporting Local Biz With New ‘Local Referring Local’ Initiative 07/28/2021 08:09 pm SCARBOROUGH, Maine–Town & Country FCU said it has added a new element to its “Local Helping Local” initiative aimed at supporting local businesses, while also rewarding current and new members.
