Fresh Today

Fresh Today

WASHINGTON—Bureau of Consumer Financial Protection Acting Director Mick Mulvaney said the Bureau is working on a rulemaking to better clarify its definition of unfair, deceptive or abusive acts or practices (UDAAP).

WASHINGTON–The value of fraudulent noncash payments in the United States rose significantly between 2012 and 2015--outpacing growth in noncash payments overall, according to a new report based on Federal Reserve Payments Study data.

MADISON, Wis.—CUES has named its Distinguished Credit Union Director of 2018. James Sackett, a volunteer with Firefly Credit Union in Burnsville, Minn., has been recognized by CUES with its Distinguished Director award, which honors a strong, CUES member volunteers whose achievements have strengthened their credit union.

MAYNARD, Mass.—Young adults have traditionally been the primary market for purchasing prepaid cards, but there's a relatively serious decline underway in the number of 25-34 year-olds purchasing the  cards, a new report reveals.

ALEXANDRIA, Va.–Three people representing CU trade groups testified during the NCUA Budget Briefing here, with all providing recommendations for additional changes by the agency, and one person asking the two NCUA board members to ask themselves three questions.