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SAN FRANCISCO—Square reported it is making it easier for people to make payments with a new iPad point-of-sale terminal.

WASHINGTON—House Financial Services Committee Member Blaine Luetkemeyer (R-MO) has reintroduced legislation that would reform the CFPB's governance structure from a single director to a five-member bipartisan commission.

WASHINGTON–Legislation that has been introduced in the Senate is being praised by one consumer organization even as credit unions have expressed opposition to it.

WASHINGTON– The Federal Trade Commission reported it is sending refund checks totaling nearly $2.3 million to people who lost money to credit card debt relief schemes.

WASHINGTON– The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) have published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO). The data provide insights into borrowers' experiences obtaining residential mortgages, the organizations noted.

CORPUS CHRISTI, Texas–Gulf Coast Federal Credit Union said it has become the first credit union to convert from a community charter to a multiple common bond charter in order  to obtain a larger, yet entirely inclusive community by adding multiple underserved areas. 

OLYMPIA, Wash.– The Washington Department of Financial Institutions-Credit Union Division has earned re-accreditation from the National Association of State Credit Union Supervisors (NASCUS).

TEWKSBURY, Mass.– Following TimeTrade Systems’ acquisition of SilverCloud LLC in January 2021, the company, which provides customer/member engagement solutions, has been rebranded as Engageware.

IRVING, Texas –PenFed Credit Union is expanding its mortgage origination and servicing business with new office space here.

WASHINGTON—The FTC has reached an agreement with Richard Berry, the owner and manager of a group of bankrupt auto dealerships in Arizona and New Mexico, to resolve charges that he and the dealerships deceived consumers and falsified information on vehicle financing applications, the FTC reported.