NEW YORK–Demand for new homes is rebounding not in spite of the coronavirus pandemic, but because of it, with some analysts saying renters locked down in small spaces are looking for more room should another stay-at-home order ever be issued.
Fresh Today
WASHINGTON–After approving nearly $3 trillion in new federal spending since the onset of the coronavirus pandemic, some members of Congress have begun asking a question that has also been raised by some CU executives: where is the money going and where’s the oversight?
WASHINGTON—The Treasury Department plans to get some people their coronavirus relief payments by sending them prepaid debit cards in an effort to get those payments out faster, Treasury Secretary Steven Mnuchin said.
DANVILLE, Penn.–Service 1st FCU here has selected PSCU to provide it with credit and debit card processing support and services.
WASHINGTON—A Canadian company, RevenueWire, and its CEO, Roberta Leach, will pay $6.75 million to settle Federal Trade Commission charges they laundered credit card payments for, and assisted and facilitated, two tech support scams previously sued by the FTC.
WASHINGTON–CUNA has sent a letter to NCUA Chairman Rodney Hood outlining actions it would like the agency to consider to alleviate some of the effects from the coronavirus pandemic.
WASHINGTON–Round two of the Paycheck Protection Program kicked off yesterday with much of the same confusion and frustration that plagued the first round of the PPP.
ST. PETERSBURG, Fla.–A sharp decline in overall credit card spending but a small uptick in debit card spend can be seen in the latest transaction analysis released by PSCU of data from its member credit unions.
WASHINGTON–Congress remains out of session this week with a tentative expectation it shall return to Washington next week.
WASHINGTON–While the federal government isn’t disclosing which companies are receiving aid as part of the Paycheck Protection Program (PPP), one early analysis has found numerous recipients have included companies with sufficient cash to be buying other companies at the same time, companies that have been subject to federal investigations and fines, and companies that had significant access to other forms of financing, even though they weren’t supposed to.