WASHINGTON—CUNA has launched the general election phase of its Credit Unions Vote Member Activation Program (MAP) campaign.
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WASHINGTON–The CFPB is proposing that there be more participants involved and more data captured as part of its annual survey of credit card issuers.
WASHINGTON–The Treasury Department’s financial research department said it has begun work to fill a “data gap” when it comes to the inner workings of non-centrally cleared bilateral repurchase agreements (repos) by collecting more data that will ultimately lead to a final rule.
QUITO, Ecuador—Saying it has a goal of boosting businesses owned by Venezuelan and Ecuadorian entrepreneurs participating in the Economic Inclusion Project (EIP), the World Council of Credit Unions (WOCCU) and USAID have partnered with Visa to create "Enko"—a free, virtual business training platform accessible from any mobile device.
FORT WORTH, Texas– Tarrant County’s Credit Union (TCCU) has launched a new website and a new logo which it said better represent and personify its growth and diversity.
BETHESDA, Md.—The Federal Reserve has fined EagleBank here $9.5 million for violation of the insider lending regulations, while the SEC has also announced fines for the bank and its former CEO.
SAN FRANCISCO—The buy now, pay later (BNPL) market has yet another player—sort of.
NEW YORK—Apple Bank has announced that Ukrainian nationals who have recently arrived in the New York City area are now eligible to open an account with the bank by visiting any of its 82 branch locations.
WASHINGTON—The U.S. Congress Joint Economic Committee (JEC) has released a new report that finds nearly one in five U.S. adults are either unbanked or underbanked, and of the roughly 20% who lack access to a bank account or rely on alternative financial services, a disproportionate share are lower-income earners or people of color.
WASHINGTON — President Biden has announced a new round of federal student loan debt relief, saying he is cancelling $10,000 in debt for those earning less than $125,000 per year and $20,000 for those who had received Pell grants for low-income students.