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WASHINGTON–In an update on what the CFPB sees ahead for one of its priorities, open banking, Director Rohit Chopra is cautioning that the current standard-setters should not take their place in the market for granted.”

TROY, Mich.— Even as the rapid increase in usage of buy now, pay later (BNPL) services has been accompanied by a growing concern over runaway consumer debt, the customers who are using these services are growing increasingly satisfied with their experiences, according to a new J.D. Power survey.

SAN DIEGO – Credit union leaders are continuing to worry about liquidity in 2024.

WASHINGTON–Applicants have applied for three times more funding than is actually available following the close of the application period for the 2024 funding round of the CDFI Fund, CDFI Program, and Native American CDFI Assistance Program, according to the Treasury Department.

ATLANTA– LGE Community Credit Union has been recognized as a recipient of the 2024 Best of the Best Award from MemberXP.

WASHINGTON—The number of Americans who are members of credit unions increased to more than 142 million in January, according to the recently released America’s Credit Unions’ Monthly Credit Union Estimates.