Fresh Today

Fresh Today

SAN FRANCISCO—The number of banks, merchants, and card issuers offering their own mobile wallets seemingly grows every week in 2016, confirming that interest in mobile proximity payments has never been hotter.

BOSTON—A new study released by the Federal Reserve Bank of Boston shows that while the Target breach lowered consumers’ perception of the security of debit cards following the late 2013 breach, it did not slow their usage of the plastic.

IRVINE, Calif.–A new analysis shows 548,000 U.S. homeowners regained equity in Q2 2016 compared with the previous quarter, increasing the percentage of homes with positive equity to 92.9% of all mortgaged properties, or approximately 47.2 million homes, according to CoreLogic.

HARRISBURG, Penn.–The Pennsylvania CU Association has introduced a new campaign that encourages credit union leaders, professionals, and others to support credit union advocacy by making “micro-donations.”

WASHINGTON–Data systems used by the Federal Housing Administration’s single-family insurance program have weaknesses that could be leveraged by crooks to create security breaches, according to the Office of the Inspector General for the Department of Housing and Urban Development.

OKLAHOMA CITY, Okla.–True Sky Credit Union this week has begun celebrating its 70th anniversary by awarding some type of prize every day over 70 days.