PayPal Becomes Largest Non-Bank Lender in World 03/09/2021 07:43 pm LONDON– PayPal has become the largest non-bank lender in the world with $54.27 billion in total assets, according to a new report.
In a First, Smartphone Payments Were Used More Often Than Debit Cards in U.K. During 2020 03/09/2021 07:43 pm LONDON—Smartphone payments such as Apple and Google Pay were used for more online purchases last year in Britain than physical debit cards, a new report reveals.
One Target: New & Younger Members 03/09/2021 08:20 pm NEW YORK—One organization believes that all it will take to jump start solar lending within credit unions is a little education.
Member Deposits Were Above Average in January, Right? Not Exactly. Plus, Other Numbers 03/09/2021 07:53 pm MADISON, Wis.–Deposits continued to flow into credit unions in January at an unusually high rate, right? Wrong, according to CUNA’s latest Monthly Credit Union Estimates.
Corporate Central to Participate in FedNow Service Pilot 03/09/2021 09:00 pm MILWAUKEE, Wis.– Corporate Central said it has been selected to participate in the Federal Reserve Banks’ pilot program for their upcoming instant payments offering, the FedNow Service. Some 110 organizations in all have been selected to be a part of the pilot.
Jeanne D'Arc CU Is Reading WIth Rowdy 03/09/2021 08:05 pm LOWELL, Mass.–On Reading Across America Day, Jeanne D’Arc Credit Union, in partnership with On The Move, Inc. (OTM) and UMass Lowell, launched“Reading with Rowdy,” a program that encourages reading and literacy.