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CHERRY HILL, N.J.—Millennials have lower average credit scores than older generations, and a new study reveals certain spending habits that could be major factors. 
Research from TD Bank shows 32% of Millennials don't pay their credit cards in full every month, and 25% don't know their credit scores.

RALEIGH, N.C.–With the 2019 renewal of the SECU “People Helping People” High School and Community College Scholarship programs, the member-funded SECU Foundation said it has made a substantial commitment to North Carolina’s college-bound students of nearly $5 million. 

PURCHASE, N.Y.–Mastercard has acquired Vyze, a technology platform that provides consumers with greater payment flexibility at the point of sale, the company said.

HOBOKEN, N.J.–A new analysis offers insights into Millennials and their investing behavior, finding among other things the cohort appears to be better at saving for retirement than earlier generations.

WOODSTOCK, Ga.–Credit Union of Georgia has unveiled a new logo to replace an image that is widely used across this state. The $321-million credit union’s new logo features the letters C and G in the form of a monogram.

MISSISSAUGA, Ontario- Samsung Electronics Canada has announced a new partnership with the Canadian Credit Union Association (CCUA) on a payments solution for its 240 member CUs.  

SAN FRANCISCO—Wells Fargo announced it will begin rolling out contactless credit and debit cards.

WASHINGTON–Mastercard, in collaboration with Microsoft, Workday and the nonprofit, nonpartisan Partnership for Public Service has launched the Cybersecurity Talent Initiative, which it said is a first-of-its-kind public-private partnership to recruit the nation’s best minds to defend against global cyberattacks, the company said.

TAVARES, Fla.–The Lake County School Board and Insight Credit Union have entered into an agreement with Insight Credit Union under which Lake Minneola High School students will operate a “laboratory branch” of the credit union at the school beginning in 2020.

ST. PAUL, Minn.–Affinity Plus Credit Union awarded $200,000 in homebuyer grants to 40 members who bought homes in 2018. The grants, in partnership with Federal Home Loan Bank (FHLB) of Des Moines, provided $200,000 in assistance to support homeownership dreams.