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ST. PETERSBURG, Fla.—The rapid growth of buy now, pay later (BNPL) has now reached the point where it is a “table stakes” offering for all financial institutions, contends one expert, who suggests those that do not “lean into” BNPL will lose loan volume.

WASHINGTON—Proposed government price caps on interchange will leave consumers more vulnerable and create less access to services, America’s Credit Unions Chief Advocacy Officer Carrie Hunt told a meeting here on the digital payments economy.

NEW YORK—In what’s being described as one of the first uses of a virtual currency by financial institutions in a commercial product, three companies that provide cross-border payment services plan to use technology developed by startup Ripple that employs cryptocurrency XRP to speed transactions.

WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) has issued letters demanding three companies and certain associated parties cease and desist from making false and misleading statements about FDIC deposit insurance.

ROME, N.Y.– AmeriCU Credit Union said it has introduced an array of rewards as part of the rollout of its new checking account program. The new rewards offer members exclusive perks, cashback offers, and other “enticing incentives,” according to the credit union.

MONTPELIER, Vt. –The Association of Vermont Credit Unions said it has entered into a partnership with Dolphin Debit to provide credit unions in the state with access to the company’s ATM management solutions.

MADISON, Wis.–WYCUP said it will host its next virtual ConneXion event today at 11 a.m. E.T.