NEW YORK—CabbagePay has is now available in the United States and has begun offering money movement/payment services for businesses and touting low fees as it seeks to get clients to move away from credit cards.
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LONDON—A new study from SmartSearch reveals over 80% of U.K. regulated firms in the legal, property and finance and banking sectors are likely to make a change to electronic verification of their customers.
NEW YORK—In a move to attract new business, Citi is now offering a welcome bonus on its Citi Double Cash Card.
NEW YORK – While the elimination or reduction of overdraft and non-sufficient funds (NSF) fees by some banks have been getting headlines, the fees are still being charged by most banks and are “not going away anytime soon,” according to a new analysis.
WASHINGTON—The Consumer Financial Protection Bureau’s rumored plan to expand Regulation E and the Electronic Fund Transfer Act (EFTA) is unlawful, would contravene the bill’s text, and would run afoul of the Administrative Procedures Act, CUNA wrote to the CFPB.
NEW YORK–The City of New York has announced a new plan to help New York taxi drivers who have been suffering after taking out large loans—including from a number of now defunct credit unions—for taxi medallions that have crashed in value.
VIENNA, Va.–A member of Navy FCU who is suing the credit union and seeking class action status alleging fraud related to its Zelle offering has responded to the credit union’s dismissal motion.
PENSACOLA, Fla.–Gulf Winds Credit Union has named a new president and CEO.
MANCHESTER, N.H.–America’s Credit Union Museum said it has placed three copies of the book, “Big Data/Big Climb,” by Anne Legg, CEO of THRIVE Strategic Services, in its Ensweiler Research Library.
WASHINGTON— Credit Union Student Choice, a provider of higher education financing solutions to America’s credit unions, said it will host its 8th annual Empower U conference virtually on Sept. 15, 22, and 29.