SHREWSBURY, Mass.—Millennials are proving to be a boon to the gift card market, according to a new report that also indicates these young adults are spending those cards on themselves.
Fresh Today
WASHINGTON—The Federal Trade Commission will return almost $20 million to more than 145,000 consumers across the country who were victimized by One Technologies LP and its two partner companies.
DALLAS–CalyxSoftware, a provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers, announced today that representatives from the Consumer Financial Protection Bureau, Fannie Mae, Freddie Mac and Mortgage Bankers Association (MBA) will be part of the speaker lineup for its ASCEND16 mortgage industry symposium and user conference.
SAN FRANCISCO—John Stumpf, the embattled CEO of Wells Fargo who has been under fire in Congress and in the public for sham accounts opened at the bank, said he will forfeit much of his 2016 salary, as well as $41 million in stock awards.
WASHINGTON—Will the federal government shut down again?
MADISON, Wis. — During a news conference here that included the state’s governor, UW Credit Union announced membership eligibility will expand to include all current and former college students who reside in Wisconsin.
WASHINGTON–The CFPB has taken action against and imposed fines on an online lender and an auto title lender.
ROCHESTER, N.Y. – An arrest has been made in a more than decade-old cold case involving a murder inside a branch of the former Xerox FCU here.
BIRMINGHAM, Ala.—Total credit card limits for the subprime market reached a five-year high during the first half of 2016, according to the Experian Market Intelligence Brief.
WASHINGTON—NAFCU urged leaders of a House Financial Services subcommittee to continue their focus on regulatory relief for credit unions in advance of their hearing on consumer access to mainstream banking services.
