PayPal Turns Over $7.6 Billion in Credit Receivables To Synchrony 07/22/2018 05:19 pm SAN JOSE, Calif.—PayPal has handed over its consumer credit receivables to Synchrony, with the latter gaining to a portfolio worth up to $7.6 billion.
Awareness, Usage of Bitcoin in Canada Shows Sharp Increase 07/22/2018 04:59 pm OTTOWA, Ontario, Canada—Bitcoin awareness and usage have increased significantly among Canadians over the course of a year, a newly-published survey by the country’s central bank has revealed.
And The State That Has Taught Financial Ed To The Most Students Is… 07/30/2018 07:53 pm CHARLOTTE, NC –The New Jersey Credit Unions’ Financial Reality Fairs Program has been recognized by the National Youth Involvement Board as having the team that reached the most students.
Employee Whose Theft Helped Contribute To Failure Of CU Gets 4 Years In Prison 07/22/2018 04:59 pm MOLOKA’I, Hawaii–A former employee of a credit union here has been sentenced to four years and two months in jail for her role in conspiring to embezzle from the First Hawaiian Homes FCU. The embezzlement eventually led to the shuttering of the credit union.
The Long-Popular Debit Card Sees A Decline In Usage 07/22/2018 04:59 pm NEW YORK—Usage of the long-popular debit card is declining among U.S. consumers.
Maine Credit Unions’ Donation To Help Provide 80,000 Meals 07/30/2018 07:53 pm WESTBROOK, Maine–The Maine Credit Unions’ Campaign for Ending Hunger has made what the Maine league called a “significant contribution” when it “Shared the Bread” with 33 food pantries in Maine.
One Bank (Guess Which One?) Refunding Customers For Products They Didn’t Order 07/22/2018 05:00 pm SAN FRANCISCO–Wells Fargo is now in the process of refunding customers for tens of millions of dollars for products they never ordered, ranging from pet insurance to legal services. The bank said several-thousand customer accounts are involved.
The Prize On New Game Show? Student Loans Are Paid Off 07/22/2018 05:00 pm LOS ANGELES–A new game show has debuted in which the prize offered isn’t a new car or a dream vacation–it’s cash to pay off student debt.
Here’s Why One Auto Dealer Has Turned To CUs For Financing 07/30/2018 07:53 pm HAGERSTOWN, Md.–One auto dealer is citing a reason that might surprise many in credit unions for the reason the dealership is doing more lending business with CUs.
Merrill Lynch Latest To Begin Offering Mobile Service Delivery 07/22/2018 05:01 pm NEW YORK—It’s not just banks and credit unions getting into mobile service delivery.
