NEW YORK—According to one new analysis, new credit cards are “reimagining the role” rewards programs play in consumers’ lives beyond the traditional cash-back and travel categories.
Fresh Today
SAN FRANCISCO—Visa has confirmed that it will expand its cross-border payments services in Canada.
NEW YORK—Consumer finance platform MoneyLion has acquired B2B fintech Even Financial in a deal worth up to $440 million.
TALLAHASSEE, Fla.–Credit unions across the country have taken to Twitter and their websites to announce reductions in branch services as a result of staffing shortages due to COVID-19 infections.
WASHINGTON–Accountable.US, an organization that describes itself as a “nonpartisan watchdog organization that shines a light on corporations and special interests that too often wield unchecked power and influence in Washington,” has named CUNA as among the organizations that are the biggest supporters of what it calls the “Sedition Caucus” in Congress.
ARLINGTON, Va.—NAFCU has weighed in on the CFPB’s strategic plan for fiscal years 2022-2026.
GRAND JUNCTION, Colo.–Members have voted in favor of a merger in one state, while CUs in another plan to see member approval to also combine.
MARLBOROUGH, Mass.–Digital FCU (DCU) said it has entered into a sponsorship deal with U.S. College Hockey Online that will, among other things, rebrand the USCHO.com poll, which is one of college hockey’s best-known ranking tools.
WASHINGTON—The World Council of Credit Unions (WOCCU) is reporting that during 2021 it was able to successfully advocate before international standard setting bodies on behalf of the global financial cooperative movement.
WASHINGTON— Jelena McWilliams’s decision to resign as chairman of the Federal Deposit Insurance Corp. (FDIC) will now open the way for Democrats to gain control of the agency’s agenda in the coming weeks, potentially leading to more-stringent requirements around bank tie-ups, climate change and other matters, according to one analysis.