ENGLEWOOD, Colo.—In separate deals, Amazon has announced new financial partnerships with Western Union and American Express.
Fresh Today
WASHINGTON–Former U.S. Secretary of State and senator John Kerry has been added to the lineup of speakers for CUNA’s 2019 Governmental Affairs Conference (GAC).
WASHINGTON–The Bureau of Consumer Financial Protection has published a new paper suggesting the approaching tax season is a unique opportunity for many people, especially low-income individuals, to make some decisions around savings.
NEW HAVEN, Conn. – The Banking Compliance Index (BCI) remained steady in Q3 2018, after nearly doubling from Q1 2018 to Q2 2018, according to Continuity, which publishes the Index.
PITTSBURGH–Clearview FCU here has introduced its membership to “Pepper,” which it said is the world’s first social humanoid robot able to recognize faces and basic human emotions.
WASHINGTON—Government-sponsored enterprises Fannie Mae and Freddie Mac reported net incomes of $4 billion and $2.6 billion, respectively, in the third quarter of 2018. Although Fannie Mae's income was down from the second quarter, it was $1 billion higher than a year ago; Freddie Mac brought in roughly half of what it did a year ago.
BURLINGTON, Vt. – Vermont Federal Credit Union has completed its first-ever Innovation Challenge, a new program designed to promote creativity and collaboration throughout the credit union.
WASHINGTON–The Federal Financial Institutions Examination Council (FFIEC), of which NCUA is a member, has issued a joint statement alerting financial institutions to recent actions taken by the Department of Treasury’s Office of Foreign Asset Control (OFAC) under their Cyber-Related Sanctions Program and to the potential impact it may have on financial institutions’ risk-management programs.
CHARLESTON, S.C.—A new survey reveals 29% of parents have had their own children under age 18 use their credit or debit cards without their permission.
WASHINGTON—With election day this week it appears the financial services industries are betting on Democrats to win control of the House. Banks, as well as companies in the securities and investment industries, have been giving more money to Democratic candidates, especially those considered moderates.