FOSTER CITY, Calif.—The largest player in credit cards is moving further beyond the traditional card-swiping model amid the rise of newer fintech options such as Venmo and Betterment.
Fresh Today
SEATTLE—Amazon wants to make consumers’ hands their credit cards.
SAN JOSE, Calif.—PayPal Holdings Inc. has reached an agreement with MercadoLibre on a global integration between the payments firm and a Latin American e-commerce site.
PARIS—It wasn’t that long ago as issuers moved to chip cards from mag stripes that consumers were complaining about the change.
ARLINGTON, Va.—As CUToday.info reported, it is expected the impact of the California Consumer Privacy Act (CCPA) will be widespread, hitting CUs well outside the boundaries of the Golden State.
OSCODA, Mich.–One credit union here is encouraging break-ups this Valentine’s Day season—but in this case, it’s with a bank.
ALBANY, N.Y.—A legislative bill has been filed in the state of New York proposing a dollar-based digital currency for its residents.
LONDON—Analysis of global AML penalties between Jan. 1 and Dec. 31 2019 found a total of $8.14 billion in fines were handed down as the result of 58 AML-related breaches.
WASHINGTON—NAFCU President and CEO Dan Berger has asked CFPB Director and Federal Financial Institutions Examination Council (FFIEC) Chair KathyKraninger to provide interagency guidance related to the Gramm-Leach-Bliley Act (GLBA) to help credit unions and other financial institutions comply with data privacy laws.
MAYNARD, Mass—A prepaid gift card may be a popular holiday present--with more than half of U.S. consumers purchasing one this past season--but that doesn't mean they're used wisely, a new study shows.
