Two More Credit Unions Add BNPL To Their Offerings 11/30/2024 08:24 am CHANDLER, Ariz.—The $750-million First Credit Union here has added buy now, pay later to its online banking products.
Great Lakes Credit Union Wins Silver 2024 MAC Award 11/30/2024 08:14 am BANNOCKBURN, Ill.--Great Lakes Credit Union has won a Silver 2024 MAC award in the Image Enhancement/Public Relations category for its campaign promoting the opening of its new Leaders Network Financial branch in the Austin neighborhood on Chicago’s West Side.
University Federal Credit Union Announces Grand Opening Of New Full-Service Branch 11/30/2024 08:20 am AUSTIN, Texas--University Federal Credit Union announced the grand opening of a new full-service branch.
Teachers Federal Credit Union Promotes Alessi to CFO 11/30/2024 08:12 am HAUPPAUGE, N.Y. – Teachers Federal Credit Union has promoted Ben Alessi to CFO.
Study Shows Overdraft Revenue Has ‘Crashed’ 12/01/2024 08:11 am LAKE FOREST, Ill.—Overdraft revenue among all depositories has “crashed,” according to a new study that compares total overdraft dollars through Q2 2024 to the peak of OD income ten years ago.
E-Commerce Sales The Big Winner On Black Friday, Holiday Sales ‘Shaping Up’ 12/01/2024 08:17 am PURCHASE, N.Y.—U.S. retail sales, excluding automotive, were up 3.4% on Black Friday, compared to Black Friday 2023, according to preliminary insights from Mastercard SpendingPulse.
Financial Institutions Can Save Billions On Compliance Costs By Using AI To Prevent Money Laundering 11/30/2024 08:27 am NEW YORK—Global economies can save $3.13 trillion by using AI to detect and prevent money laundering and terrorist financing, which costs trillions of dollars annually, a new study shows.
Consumers Ready To Max Out Plastic Soon 11/30/2024 08:29 am NEW YORK— Half of U.S. credit card holders will open a new card or max out cards for holiday spending, a new study shows.
Mortgage Applications Increase 12/01/2024 08:16 am WASHINGTON—Mortgage applications increased 6.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Nov. 22, 2024.