WASHINGTON—NAFCU wrote to Housing, Transportation, and Community Development Subcommittee Chairwoman Tina Smith (D-MN) and Ranking Member Mike Rounds (R-SD) in support of newly introduced legislation that aims to jumpstart economic development in economically distressed areas.
NEW YORK—Citi has added two capabilities to its digital bill payments platform, Present and Pay and Request for Pay.
NORTH BRUNSWICK, N.J.— Two companies are reporting a new partnership aimed at using the blockchain to deliver cross-border payments.
COLUMBUS, Ohio—U.S. consumers now have the choice to use Klarna’s “Pay Now” service to pay immediately and in full at any online retailer where Klarna is available.
WASHINGTON — The U.S. economy added 199,000 jobs in December, according to new data from the Labor Department.
WASHINGTON–Newly released minutes from the Federal Reserve’s most recent meeting in December indicate the Fed may move more quickly to raise rates than many have predicted.
WASHINGTON—Changes in the complaint responses provided by nationwide consumer reporting companies resulted in “fewer meaningful responses and less consumer relief,” according to a new analysis by the Consumer Financial Protection Bureau (CFPB).
WASHINGTON—The Federal Housing Finance Agency (FHFA) has announced a targeted increase to the government-sponsored enterprises' (GSEs) – Fannie Mae and Freddie Mac – upfront fees for certain high balance and second home loans. The increases go into effect April 1.
NEW YORK–NCUA has reached another settlement in its long-running litigation with banks and other firms that sold mortgage-backed securities to corporate credit unions.
WASHINGTON—The Expanding Financial Access for Underserved Communities Act would significantly address the epidemic of the unbanked and underbanked, CUNA wrote to the Senate Banking, Housing, And Urban Affairs Subcommittee on Housing, Transportation, and Community Development.
