TYSONS, Va.—PenFed Credit Union said it has entered into a partnership with Sallie Mae to offer free college planning tools and a full suite of financing options to help PenFed members responsibly pay for college.
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PHOENIX—Arizona has launched the first U.S. “fintech sandbox.”
SAN ANTONIO—Today's consumers have higher standards for where they store their data – and their trust in businesses is falling, according to a new report.
PURCHASE, N.Y.—Visa and Mastercard have agreed to cut Canadian credit-card transaction fees in a move that could save smaller businesses C$250 million ($192 million) a year and crimp revenue for Canadian lenders.
NEW YORK—More consumers are becoming accustomed to using their phones for ATM withdrawals. The increase in comfort levels come as a number of major banks, especially J.P. Morgan Chase, have put significant marketing dollars to back the offerings.
WASHINGTON–The World Bank is looking to raise money, and it’s turning to blockchain to do it.
WINCHESTER, Va.–Navy Federal has marked the topping out of a building that is part of a $102-million expansion with a ceremony.
WASHINGTON—The Bureau of Consumer Financial Protection has finalized amendments to implement legislation that allows financial institutions that meet certain requirements to be exempt from sending annual privacy notices to their customers.
NEW YORK–The nation’s online banks are starting to lead the way and pay higher rates on deposits.
WILLIAMSBURG, Va.–The federal regulatory agencies need to join with non-profit groups, schools, financial institutions and the military to improve personal finance knowledge of service members and their families to prevent them from being financially exploited, NCUA Chairman J. Mark McWatters said during remarks here.