FITCHBURG, Mass.– IC Federal Credit Union here has launched a new community initiative fund that will be distributed to those who are struggling as a result of the coronavirus pandemic. The credit union has provided $50,000 for the assistance.
Fresh Today
WASHINGTON—Remittances to several Latin American nations with close migrant ties to the United States declined sharply in the first half of 2020 – especially in April, when much of the U.S. was locked down due to the COVID-19 outbreak, according to a Pew Research Center analysis of data from their national central banks.
WASHINGTON—The Consumer Financial Protection Bureau entered into settlements with Trans-Fast Remittance LLC and Sigue Corporation and its subsidiaries, SGS Corporation and GroupEx Corporation.
LONDON—Paysend said it is now collaborating with Alipay, which has more than one-billion users, to provide Paysend's users with cross-border money transfer services.
WASHINGTON–Vehicle auto sales climbed again during August, but remain off their pace of one year ago as result of the ongoing pandemic.
ARLINGTON, Va. – The National Association of State Credit Union Supervisors (NASCUS) has written a comment letter in which it expresses support for the agency’s plans to use technology in the examination and supervision process.
FOSTER CITY, Calif.—Visa said it has developed a more advanced artificial intelligence system that can approve or decline credit and debit transactions on behalf of banks whose own networks are down.
COSTA MESA, Calif.—New data from Experian raises some questions around what’s happening with card delinquencies.
MADISON, Wis.–To help celebrate International Credit Union Day on Oct. 15, the Worldwide Foundation for Credit Unions and the National Credit Union Foundation said they are spearheading an initiative for credit unions to share their impact and make an impact through giving.
WATERFORD, Conn.–Charter Oak FCU said it paid out more than $618,000 in bonuses to members of its Gold Rewards program during 2019.