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LIVE OAK, Texas—Randolph-Brooks Federal Credit Union (RBFCU) has named Devin Hughes as senior vice president of finance, bringing more than 20 years of experience in treasury, asset-liability management, capital markets and financial risk management to the $19-billion credit union.

NEW YORK—For decades, credit card rewards have been one of the most powerful tools financial institutions have used to attract and retain customers. But new research suggests many issuers no longer believe their traditional rewards programs are accomplishing that mission.

NEW YORK—A new Banking and Payments Intelligence Report from J.D. Power found financial stress among U.S. consumers remained stubbornly elevated in April, with 69% classified as financially unhealthy as rising prices for gasoline, groceries and other essentials continued to pressure household budgets.

AUSTIN, Texas—Q2 Holdings has launched Q2 Assistant, an artificial intelligence platform embedded across its digital banking products that the company says is designed to help banks and credit unions streamline support operations and manage growing volumes of digital banking interactions.

MIAMI--Americans paid down approximately $60 billion in credit card debt during the first quarter of 2026, according to WalletHub’s analysis of the latest Federal Reserve consumer credit data, marking a larger seasonal decline than the same period a year earlier.