BOSTON – Noting a high-cost predatory loan is only made worse when the loan is larger and longer, residents in some states have been gaining protections while others are paying even more than before the COVID-19 crisis, according to a new report from the National Consumer Law Center.
NEW YORK—The bungee-cord like price changes taking place among the various cryptocurrencies is also having an effect the expansion and usage of Bitcoin ATMs.
WARWICK, R.I.–Paul Archambault, who has led Wave Credit Union for the past 26 years, has announced plans to retire this summer. The $136-million credit union has named a successor.
SUMMIT COUNTY, Utah–A man who was literally the biggest name to appear before credit union audiences has died.
ALEXANDRIA, Va. – NCUA has released its Community Development Revolving Loan Fund report to Congress, which it said highlights how the fund has had a “significant, positive impact on low-income credit unions, their members, and communities across the country.”
RANCHO CUCAMONGA, Calif.–CO-OP Financial Services has announced the results of its recent board elections, including the naming of a new chair.
LONDON–The ATM Industry Association said it has certified the world’s first Next Gen ATM product, following what it said is a multi-year global project, involving more than 400 companies in 56 countries, to create a new global API App model for ATMs.
BOULDER CITY, Nev.–CU Pride, the LGBTQ+ association for the credit union industry, has announced plans to host its first CU Pride Leadership Conference in June.
MADISON, Wis.–WOCCU has announced a new webinar: “The School of Dreamers: Growing Entrepreneurship and Financial Inclusion in Peru.”
LONDON—The U.K.’s Information Commissioner’s Office (ICO) has fined American Express Services Europe Limited £90,000 for sending more than four million marketing emails to customers who did not want to receive them.
