NEW YORK—Buy now, pay later (BNPL) solutions continue to expand, becoming available at more stores and gas pumps, according to a new report.
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NEW YORK—Kevin O’Leary, one of the stars of TV’s Shark Tank who is better known as “Mr. Wonderful” and who is also chairman of O’Shares Investment Advisers, is predicting that blockchain and cryptocurrency will one day represent the 12th sector of the S&P 500.
PARIS—The Financial Action Task Force (FATF) said it plans to assess its member countries more frequently to assist in further in tackling money-laundering and combating terrorist financing.
NEW YORK—A new study shows that more than one-third of consumers between the age 18-54 own cryptocurrency, with people ages 18-34 most likely to own it (37%), followed by those age 35-54 (33%).
DEARBORN, Mich.—The $6.4-billion DFCU Financial here has agreed to buy $689-million First Citrus Bank, based in Tampa, Fla., the credit union announced.
WASHINGTON–The pace of inflation slowed during April for the first time since August, but CU economists expect price increases will continue.
WASHINGTON—The issue of overdraft fees raised its head in yet another Senate hearing, as did questions around cybersecurity risks to credit unions.
NEW YORK—Total household debt in the first quarter of 2022 rose by $266 billion (1.7%) to $15.84 trillion, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data’s newly issued Quarterly Report on Household Debt and Credit.
WASHINGTON—Credit union loans outstanding increased 1.6% in March, compared to a 1.1% increase in February of 2022 and a 0.1% increase in March of 2021, according to CUNA’s latest Monthly Credit Union Estimates.
ST. PETERSBURG, Fla.–PSCU said it hascompleted the acquisition of Juniper Payments, LLC from PITECO S.p.A. and its two principal owners, who will continue with the company under PSCU.