DENVER–Westerra Credit Union has introduced new branding.
Fresh Today
NEW YORK–The controversial founder of WeWork has obtained more than $350 million in investments for a start-up seeking to disrupt a market affecting many members’ finances—apartment rentals—and hinting at plans to allow renters to build “equity.”
WASHINGTON—The Federal Reserve intends to launch its instant payment network – FedNow – by mid-2023, according to FedGov. Michelle Bowman, who called the implementation a “high priority.”
NEW YORK—Instacart is partnering with Chase to issue its first rewards card.
NEW YORK—JPMorgan Chase, which like many issuers already offers travel-related card rewards, is now expanding and moving into the travel agent business.
WASHINGTON – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned virtual currency mixer Tornado Cash, which has been used to launder more than $7 billion worth of virtual currency since its creation in 2019.
MENLO PARK, Calif.—Instagram has announced that its NFT feature will be available in 100 more countries, along with the integration of Coinbase Wallet, Dapper Wallet, and Flow blockchain, BeInCrypto.com reported.
WASHINGTON—Credit unions designated as Community Development Financial Institutions (CDFIs) have until Sept. 22 to apply for grants under the CDFI Fund’s new Equitable Recovery Program, which will provide approximately $1.73 billion in grants for CDFIs as they respond to the economic impact of the coronavirus pandemic.
WASHINGTON—The Federal Trade Commission is now soliciting public feedback through an advance notice of proposed rulemaking (ANPR) as part of an effort to mitigate harmful commercial surveillance and relaxed data security practices.
WASHINGTON–Minutes released from the Fed’s July meeting make clear it remains concerned over inflation and even predicts a slowdown in housing—but it anticipates pushing rates up again when it meets in October.