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NEW YORK—Consumer credit defaults ticked up slightly in October over September, according to a new report.

LOMBARD, Ill.—Consumers in the market for new credit cards this holiday season are most likely to apply for cards with features such as 0% introductory rates, cash-back rewards programs, ID theft protection, no annual fees and low standard interest rates, a new report reveals.

WASHINGTON—The World Council of Credit Unions has sent a comment letter to the Financial Action Task Force urging the FATF to set clearer rules for when U.S. CUs are able to serve money service businesses (MSBs).