Fresh Today

Fresh Today

SAN JOSE, Calif.—Xoom, PayPal’s international money transfer service, has announced a partnership with TransNetwork, which allows its U.S. customers to send money to recipients in Mexico and pick up orders at any OXXO location in the country.

FAIRFAX, Va.–Two more credit unions have been hit with proposed class action lawsuits over overdraft fees. In both cases, the plaintiffs are alleging the credit unions processes share drafts out of order in order to maximize fees.

WASHINGTON–The Senate is in session this week and will consider several bills, at least one of which includes a continuing resolution to fund certain government agencies and functions through Dec. 7.

WASHINGTON—Total retail sales rose for the seventh consecutive month in August, but at a slower pace: August saw 0.1% growth while July's sales growth was revised up to 0.7%.

WASHINGTON—The House of Representatives has approved, on a voice vote, the “FinCEN Improvement Act of 2018” (HR 6411), sponsored by Rep. Ed Perlmutter (D-CO).

DALLAS–Jerry Clancy, who has been with Lone Star Credit Union for 50 years, announced he will retire as CEO effective Sept. 30. The credit union has named Becky Reed as the new chief executive officer, effective Oct. 1.