WASHINGTON–One person believes the federal government’s student loan program is facing a $500-billion hole due to overly optimistic projections for repayments.
Fresh Today
NAPLES, Fla.—ACI Worldwide said it is collaborating with JPMorgan Chase in a bid to enable merchants in certain European countries to deliver in-store payment acceptance capabilities to their customers, the company announced.
NEW YORK—Following in the footsteps of Amazon’s contactless stores, American Express has now opened up its own check-out free store in the Barclay Center arena in Brooklyn.
WASHINGTON–A new report from the Government Accountability Office (GAO) has found changes made during a reorganization of the CFPB have led to a loss of fair lending expertise at the agency, as well as reduced transparency and difficulty in assessing progress toward fair lending goals, according to the congressional watchdog.
MOUNTAIN VIEW, Calif.–Credit unions that continue to discuss how to handle back-to-work arrangements moving forward may want to Google an answer. Literally.
WASHINGTON–– The NFIB Small Business Optimism Index fell 0.2 points in May to 99.6, with the organization noting May saw a slight pause in the recovery of small business optimism after steadily increasing each month in 2021.
WASHINGTON—NAFCU wrote to House Speaker Nancy Pelosi (D-CA) and House Minority Leader Kevin McCarthy (R-CA), along with all House members, to call for support of a resolution to overturn the Office of the Comptroller of the Currency's (OCC) true lender rule using the Congressional Review Act (CRA).
TOPEKA, Kan.–Envista Credit Union has selected Dolphin Debit to manage its ATMs.
ASHEVILLE, N.C.—A new Technology and Capital Improvements Grant Program by the Carolinas Credit Union Foundation has been created with a goal of bolstering the service efforts of smaller credit unions by supporting their strategic upgrades.
GALVESTON, Texas—CURevl LLC is reporting it has partnered with non-profit sister companies Higher Education Servicing Corporation (HESC) and North Texas Higher Education Authority (NTHEA) to create an education finance program specifically for Texans.