COLUMBUS, Ohio—Corporate One FCU is reporting it and its member credit unions are beginning to see the benefits from a years-long effort to become a leading voice in faster payments.
Fresh Today
STOCKHOLM, Sweden–The “cashless society” that has long been predicted has arrived in much of this country–and authorities say they are worried over the development.
BURLINGTON, Vt.–Burlington Electric has launched a partnership with three credit unions here for what is being described as a first-in-Vermont, a new financing program to help make electric vehicles more affordable.
NEW DELHI, India—The mobile wallet market in India is poised for significant growth as Indian consumers are increasingly turning away from cash and card, according to a new report.
WASHINGTON–The Senate announced it will give floor consideration to S 2155, the credit union-backed Economic Growth, Regulatory Relief and Consumer Protection Act, which also has the backing of community banks.
WASHINGTON—Federal banking officials have agreed to consider revising money-laundering regulations that a new report blames for a rash of bank closures along the Mexican border in recent years.
WASHINGTON—The Consumer Financial Protection Bureau has issued a Request for Information (RFI) about the Bureau’s public reporting of consumer complaints, and indicated numerous more RFIs are on the way.
HOUSTON – A lawsuit against BCM Federal Credit Union that alleged the credit union’s website had violated the Americans With Disabilities Act has been voluntarily dismissed with prejudice.
ALEXANDRIA, Va.–NCUA is planning to host a live event on Facebook through which consumers can learn more about protecting their identity and money from popular financial scams. More information can be found on the agency’s Facebook page.
WORCESTER, Mass.–Two Massachusetts credit unions have announced merger plans. The $900-million Webster First Credit Union said it will absorb via merger the $9.5-million Louise Mills FCU in Merrimac, Mass.