NEW YORK—Usage of the long-popular debit card is declining among U.S. consumers.
Fresh Today
MOLOKA’I, Hawaii–A former employee of a credit union here has been sentenced to four years and two months in jail for her role in conspiring to embezzle from the First Hawaiian Homes FCU. The embezzlement eventually led to the shuttering of the credit union.
OTTOWA, Ontario, Canada—Bitcoin awareness and usage have increased significantly among Canadians over the course of a year, a newly-published survey by the country’s central bank has revealed.
SAN JOSE, Calif.—PayPal has handed over its consumer credit receivables to Synchrony, with the latter gaining to a portfolio worth up to $7.6 billion.
GREEN BAY, Wis.–The Green Bay Bullfrogs here have a new name: Capital Credit Union Park.
WASHINGTON–How senators viewed the qualifications of Kathy Kraninger to lead the Bureau of Consumer Financial Protection fell largely along party lines following Kraninger’s testimony here yesterday.
WASHINGTON—The direction in which Acting Director Mick Mulvaney is attempting to push the Bureau of Consumer Financial Protection can be seen in the appointment of Paul Watkins to lead the Bureau’s new Office of Innovation.
WASHINGTON—Manufacturers in all 12 Federal Reserve Districts are concerned about the impact tariffs will have on the economy, and many said they've seen higher prices and supply shortages, according to the latest analysis released as part of the Federal Reserve Beige Book. The Fed further found all districts reporting tight labor markets.
WASHINGTON–A lawsuit alleging copyright infringement has been filed against the National Credit Union Foundation by the Missouri Community Action Network, which acts on behalf of low-income families in the state.
AUSTIN, Texas–The perspectives of credit union CEOs is often divided by asset size–but one CEO who has led both a small and a very large credit union will be sharing insights on an issue critical to CUs of all sizes–building walletshare among members.