2,000 CUs Could Face Negative Net Income 04/29/2024 07:38 pm BIRMINGHAM, Ala.—The CFPB’s new overdraft rule will increase the pace of credit union mergers, predicts Dennis Dollar, who is advising credit unions to examine field of membership options to combat an expected decline in revenue.
FTC Takes Action Against Bill Payment Company for Deceptive Practices 04/29/2024 07:40 pm WASHINGTON—The Federal Trade Commission is taking action against bill payment company Doxo and two of its co-founders, alleging the company uses misleading search ads to impersonate consumers’ billers and deceptive design practices to mislead consumers about millions of dollars in junk fees they tacked on to consumers’ bills.
Visa in Partnership With Skipify on Digital Partnership Program 04/29/2024 07:39 pm SAN FRANCISCO—The fintech Skipify has announced a collaboration with Visa through the Visa Digital Commerce Program.