NEW YORK–One big bank accounts for nearly a quarter of complaints by credit card-holders who say they have been hurt by the coronavirus pandemic and they are being treated unfairly.
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NEW YORK—JPMorgan Chase is partnering with Toronto-based Sensibill to provide mobile banking customers with digital receipt management.
WASHINGTON–The Federal Deposit Insurance Corporation (FDIC) has announced the start of what it said will be a “rapid prototyping competition” as it seeks to replace the current system of financial reporting, including quarterly call reports.
WASHINGTON—The Centers for Disease Control and Prevention (CDC) has posted tips and advice on its website for banks and credit unions to follow to protect staff and slow the spread of COVID-19.
WASHINGTON—Ahead of this week’s Senate Banking Committee hearing examining the digitization of money and payments, NAFCU Vice President of Legislative Affairs Brad Thaler wrote committee Chairman Mike Crapo (R-ID) and Ranking Member Sherrod Brown (D-OH) to share the association's support of the idea to expand financial inclusion, while also expressing concerns over a full move to a digital currency system.
WASHINGTON–The Paycheck Protection Small Business Forgiveness Act has been introduced in the Senate.
BOULDER CITY, Nev.–How real-time data can accelerate decision-making and how to create love and belonging for current and future members will be discussed during the upcoming Underground Virtual Collision.
ALEXANDRIA, Va.–NCUA has issued one prohibition order for June. The individual is prohibited from participating in the affairs of any federally insured financial institution.
MILWAUKEE – A whitepaper analyzing the outcomes of investment activity during economic contractions and the implications for future success has been released by La Macchia Group.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has released guidance to address questions related to Bank Secrecy Act (BSA)/anti-money laundering (AML) regulatory requirements for hemp-related business customers.