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WASHINGTON– The CFPB and the FTC have issued a joint statement saying they are working to stop illegal evictions, especially those resulting from economic hardships due to COVID-19.

ARLINGTON, Va.–Given the pandemic and the pressure many Americans have felt when it comes to their finances over the past year, the surge in complaints by consumers to the CFPB should come as no surprise.

BASINGSTOKE, U.K.–Spending by financial institutions on “regtech,” systems that allow FIs to meet compliance requirements, will exceed $130 billion by 2025, a near 300% increase over the $33 billion spent in 2020, according to a new analysis.

BASEL, Switzerland—The Bank for International Settlements has published a paper on central bank digital currencies (CBDCs) and the future of cross-border payments.

ARLINGTON, Va.–While the FCC is saying it has taken numerous steps to stop robo-calls, NAFCU believes there is still a “lot left to do.”

SAN FRANCISCO—The Justice Department is investigating whether Visa is engaging in anticompetitive practices in the debit card market.

NEW YORK—Credit cards get consumers to spend by creating a “purchase craving” in the brain, according to a new study by Nature.com.

LOMBARD. Ill.—A continuing slide in member profitability illustrates the need for a sales culture within many credit unions, according to one analyst.

LOS ANGELES–The City of Los Angeles has launched an emergency renters assistance program aimed at helping the hardest-hit Angelenos when a moratorium on evictions expires in June.

ARLINGTON, Texas – Texas Trust Credit Union said it is partnering with University of Texas-Arlington Athletics on the university’s first esports tournament for everyday players. Texas Trust is the title sponsor of the “Maverick Smash Challenge” competitive online video gaming event Saturday, April 10.