LAS VEGAS—A data breach that was revealed by MGM Resorts in 2019 is much larger than initially reported, and is now believed to have affected more than 142 million hotel guests. The hotel and casino company in February of this year had initially said the breach involved approximately 10.6 million records.
BENTONVILLE, Ark.—Credit unions have another reason to actively solicit members to make their cards top of wallet, as Walmart, in a move to challenge Amazon, is expected to unveil its own membership shopping service later this month.
ALEXANDRIA, Va.–Funding for the COVID-19 urgent need grants initiative has been fully utilized and new applications will no longer be accepted, NCUA announced.
BETHESDA, Md.—Marriott Hotels has added two new limited-time bonus categories to its Chase-issued credit cards.
BANGKOK, Thailand–More than half of Asian credit union members and employees cited health risks and a lack of emergency savings as "very relevant" challenges they are facing due to the COVID-19 pandemic, according to the results of a June survey conducted by the Association of Asian Confederation of Credit Unions (ACCU).
WASHINGTON – The Consumer Financial Protection Bureau has filed a complaint in the federal district court for the Central District of California against GST Factoring, Inc., which runs a student-loan debt-relief business in Texas, and two of its owners, Rick Graff and Gregory Trimarche, as well as Champion Marketing Solutions, LLC, a customer service and marketing company, and its owner, Scott Freda.
NEW YORK–Three of the largest banks in the U.S. reported they have set aside a whopping $28 billion for future loan losses that may occur as a result of the coronavirus pandemic.
WASHINGTON–Reports continue to grow of significant errors in the Paycheck Protection Program data released by the Small Business Administration related to which companies have received funds.
SCOTTSDALE, Ariz.–One analyst is saying the veracity of PPP loan data recently released by the Small Business Administration is, to put it mildly,” questionable. Case in point: it includes a listing for the “owner” of a Catholic Church, and that’s not all.
RANCHO CUCAMONGA, Calif.—What happens when lockdown restrictions are lifted and businesses began open back up can be seen in June’s rebounding consumer spending—but only in certain categories, according to CO-OP Financial Services.
