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WASHINGTON—The CFPB has sued student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), which does business as American Education Services (AES), alleging it has been illegally collecting on student loans that have been discharged in bankruptcy and sending false information about consumers to credit reporting companies.

WASHINGTON—The Federal Trade Commission has provided its annual report to the Consumer Financial Protection Bureau on its enforcement and related activities in 2023 on the Truth in Lending Act (TILA), Consumer Leasing Act (CLA), and Electronic Fund Transfer Act (EFTA).

WASHINGTON–Non-fungible tokens (NFTs) are highly susceptible to use in fraud and scams and are subject to theft, according to a report from the Treasury Department.

WAYNESBORO, Va.–DuPont Community Credit Union (DCCU) has launched the DCCU Cares Foundation, which it said is designed to formalize and expand its longstanding charitable efforts.

SAN FRANCISCO—Offline payments, Square’s no-connection-required solution designed to deliver continuous commerce connectivity, is now available to Square sellers using every hardware device, and in every country, according to a new report.

From the May 24th CUToday.info story: “In a rare development, members of Hoosier Hills Credit Union have rejected a merger with Centra Credit Union.