WASHINGTON—The Alliance for Innovative Regulation (AIR) has announced a partnership with Visa to support AIR’s Minority Depository Institution (MDI) Digital Modernization Pilot program, which is designed to provide underserved communities of color with more competitive financial services options.
NEW YORK–The New York State Department of Financial Services (DFS) has announced guidance it said is aimed at prohibiting unfair and deceptive overdraft and non-sufficient funds (NSF) fee practices.
WESTBROOK, Maine–Maine’s credit unions exceeded their goal during a month-long challenge to raise funds to fight hunger.
CENTENNIAL, Colo.–Columbine Federal Credit Union has introduced new mission and vision statements that stress it gives a “damn.”
ARLINGTON, Va.—NAFCU has announced its 2022-2023 board of directors, including naming Gary Grinnell, president and CEO of Corning Credit Union, as its new chairman.
SAN FRANCISCO—Consumers are increasingly turning to digital payments to send money around the world, a new study reveals.
WASHINGTON–The Consumer Financial Protection Bureau has filed a lawsuit accusing payday lender ACE Cash Express of concealing free repayment plans from struggling borrowers.
TAIPEI CITY, Taiwan—Taiwan has completed trials of its prototype central bank digital currency (CBDC) in technical simulations.
BERN, Switzerland— Switzerland's Federal Criminal Court has found Credit Suisse and one of its former employees guilty by of failing to prevent money laundering.
SEATTLE–Americans are canceling deals to buy homes at the highest rate since the start of the Covid pandemic, a new analysis from Redfin shows.
