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WASHINGTON—WealthPress, which provides investment advice, has agreed to a proposed court order that would require it to refund more than $1.2 million to consumers and pay a $500,000 civil penalty for deceiving consumers with “outlandish and false” claims about their services.

BOSTON—Santander Bank has partnered Global Payments to launch a new commercial card the organizations say is intended to simplify the banking experience of clients in the U.S.

TOKYO—A new open banking service has launched in Japan. As CUToday.info has reported, the CFPB has made a priority of facilitating efforts to expand open banking in the United States.

ALEXANDRIA, Va.—NAFCU met with NCUA Chairman Todd Harper this week at the agency’s headquarters here and discussed credit union priorities.

SNELLVILLE, Ga.–The African-American Credit Union Coalition will host a webinar today titled, “Committing to Self and the Organization” from 1-2 p.m. The webinar is part of AACUC’s “Commitment to Change Conversation” series.

WASHINGTON–What are credit unions watching for on Capitol Hill this week? Not much, as the new Congress continues to hammer out its own internal organization.

LAKE FOREST, Ill.—As credit unions scan the market to assess what bank competitors are charging for overdrafts, they might be surprised at what they find this year, one economist is asserting.

SCHAUMBURG, Ill.–How do consumers find out about new payments options, and why do they make the choices they do? A new survey offers some insights.

WASHINGTON— Before proceeding with any rulemaking regarding credit card late fees, NAFCU, CUNA and other financial trade groups have written to the CFPB to remind the agency of its obligations under the Small Business Regulatory Enforcement Fairness Act (SBREFA).