WASHINGTON—In the battle of credit card rewards, get ready to pay up. According to a new report in U.S.News & World Report, 1.5%, not 1%, is becoming the new normal in cash-back programs.
Fresh Today
WASHINGTON—The Consumer Financial Protection Bureau is reporting that when a small incentive is offered to prepaid card users to put some of their money into a savings “wallet,” it doubles response.
WASHINGTON–Credit unions are being dragged under the umbrella of another rule that’s the result of misdeeds in another industry, according to a comment letter CUNA plans to file later this week.
WASHINGTON–Credit unions are hoping to put a question before presidential candidates Donald Trump and Hillary Clinton.
BROOKFIELD, Wis.–Fiserv announced its Frontier Reconciliation solution is now available as a hosted software service (SaaS).
ALEXANDRIA, Va.–NCUA is encouraging credit unions to familiarize themselves with the Federal Financial Institutions Examination Council’s Cybersecurity Assessment Tool.
CHARLESTON, S.C.–Latitude 32 FCU has named a new CEO.
HAMILTON, Ohio–Two credit unions in this state are merging.
MADISON, Wis. – In advance of International Credit Union (ICU) Day, the National Credit Union Foundation (the Foundation) plans to host a Twitter chat for credit unions on Thursday, Oct. 13 at 3 p.m. (CT). The Foundation said it is inviting credit unions to discuss ICU Day and their everyday efforts involving the nine credit union operating principles.
SAN FRANCISCO–As if the opening of more than two-million sham accounts weren’t sufficiently wrong, a number of former employees said they were forced to work overtime for free to open those accounts.
