EDINBURGH, Scotland—Scotland’s government has announced it will extend and provide additional funding to a program that seeks to turn young people into savers at credit unions.
Fresh Today
SCOTTSDALE, Ariz.–A new analysis shows that during Q4 2018 Zelle processed $35 billion in P2P payments versus $19 billion for Venmo, and that for the full year Zelle's volume was $122 billion, almost double Venmo's $62 billion.
WASHINGTON—The Fed is launching two groups in March to help improve payments security.
PORTLAND, Ore.–Credit unions may have an opportunity to promote loans or credit cards for travel-related expenses this Valentine’s Day.
WASHINGTON–Both the House and the Senate are back in session this week, but much of the agenda is going to feel like déjà vu—funding the federal government and avoiding another shutdown.
DUBAI–The head of the International Monetary Fund is warning governments around the world to prepare for a possible economic storm, pointing to “four clouds” on the horizon.
WASHINGTON—For the first time in history, consumer credit has risen above $4 trillion.
ITTA BENA, Miss.–Federal Reserve Chairman Jerome Powell will deliver remarks here today during an event being sponsored by an affiliate of a local credit union.
BIRMINGHAM, Ala.–Dollar Associates said it will hold a free webinar on “IRS Reporting on CU Executive Compensation: The Insides and Outs of the New Excise Tax on all Not-for-Profits” on Wednesday from 3:00-4:30 p.m. ET.
WASHINGTON—Total consumer credit rose 5% in December, after a monthly increase of 6.8% in November and a 7.9% increase in October (all seasonally adjusted annual rates).