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WASHINGTON–At the same time credit unions are renewing their efforts to stop interchange legislation in Congress now that it has also been introduced in the House, the nation’s retailers say the move shows the bill is “gaining momentum.”

RANCHO CUCAMONGA, Calif.—Credit and debit spending was “flat” in August, according to Co-op Solutions’ credit union card portfolio data.

MADISON, Wis.–The World Council of Credit Unions and the Worldwide Foundation have officially moved its operations into office space held by the Filene Research Institute in the Lyric building on East Washington Ave. in Madison, Wis.

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BOCA RATON, Fla.— IWS Acquisition Corp. said it has introduced its new Electric Vehicle Mechanical Breakdown Insurance (EVMBI) for California. 

GRAND BLANC, Mich.–Employees of ELGA Credit Union here raised money for Hurley Children’s Miracle Network Hospital by donating money for a chance to cut the hair of Executive Vice President David Brandt.

BEIJING—China has formally launched the second phase of its central bank digital currency (CBDC) pilot test.

PHILADELPHIA—Credit unions have invested in technology to speed up their front-end decisioning on auto loans, and now new data suggest they should doing the very same thing on the back-end dealer funding side to stay competitive.

ASHEVILLE, N.C. –The  SECU Foundation has provided a $40,000 grant to TimberKnolls Spirit Cove (TSC), an organization that provides animal-assisted activities and therapy to veterans, military families, first responders, healthcare workers, and people battling illness or trauma. 

NORTH LITTLE ROCK, Ark.–The brand-new People Trust Community FCU has been granted a federal charter by NCUA.