WASHINGTON–During a House hearing titled “Buy Now, Pay More Later? Investigating Risks and Benefits of BNPL and Other Emerging Fintech Cash Flow Products,” a representative of one national consumer group shared with Congress a number of concerns over the rapidly growing BNPL solutions.
Fresh Today
COSTA MESA, Calif.–Strong response by banks to the Paycheck Protection Program (PPP) has driven record-high satisfaction among small business customers, according to J.D. Power, which noted dedicated account managers “make a difference.”
BENTONVILLE, Ark.—Walmart has announced plans to let customers pay their bills or fund prepaid accounts with cash in its stores nationwide.
TAMPA, Fla.–Trellance, a provider of business analytics and other solutions, is reporting it has added 10 new credit union clients.
DENVER–Westerra Credit Union has introduced a new logo, colors and enhancements to its website, as well as the addition of a new “Everyday Money” account.
MADISON, Wis.—The G20 has reaffirmed its support for an issue that credit unions have made a priority—that national-level regulators put a greater focus on proportionality–according to the World Council of Credit Unions.
DALLAS–TriscendNP, a CUSO providing executive benefits and business protection solutions, said it has partnered with Goldenwest Credit Union and Dollar Associates to launch a new CUSO, BenefisCU.
NAPERVILLE, Ill.–League Services Corp. (LSC), a unit of the Illinois Credit Union System, has a new name and brand.
BURLINGTON, Vt.–Vermont Federal Credit Union said it has now expanded its field of membership to include the entire state of Vermont, and has also introduced a new brand, as well.
FOLSOM, Calif.–Two credit unions have announced the creation of new podcasts.
