WASHINGTON–The U.S. Court of Appeals for the Second Circuit in New York has struck down the 2012 settlement of a class action lawsuit over Visa and MasterCard’s credit card swipe fees.
Fresh Today
WASHINGTON—The CFPB Thursday announced that its supervisory actions in the first four months of the year uncovered illegal activities in auto finance and payments that led to approximately $24.5 million in restitution to more than 257,000 consumers.
WASHINGTON–The housing market has cooled slightly in one analysis, while its being called “strongly positive” in another.
SAN FRANCISCO–Person-to-person lender LendingClub announced it has cut 12% of its workforce as loan volumes have declined.
WASHINGTON—NAFCU Wednesday urged lawmakers to sign on to a letter from Sens. Joe Donnelly (D-IN) and Ben Sasse (R-NE) that pushes the CFPB to exempt credit unions from certain rulemakings.
PEMBROKE PINES, Fla. – Power Financial Credit Union announced that it will attempt to break the Guinness World Record for largest marble cake at the Pembroke Pines Independence Day Celebration & Fireworks Show on Monday, July 4 at 6 p.m.
WASHINGTON–The Federal Reserve Board on Wednesday announced it has not objected to the capital plans of 30 bank holding companies—the so-called “Too Big To Fail Banks”—participating in the Comprehensive Capital Analysis and Review (CCAR), but it has objected to the plans submitted by Deutsche Bank Trust Corp. and Santander Holdings USA, Inc. based on qualitative concerns.
EAST WINDSOR, Conn.–Insuritas announced it has been chosen by Alliance Credit Union to install its insurance agency solution for its members.
HOUSTON–Cy-Fair FCU has reached a deal with the Cy-Fair Independent School District to obtain exclusive naming rights to the district's stadium for 10 years.
WESTBROOK, Maine–Maine’s credit unions have launched a summer campaign using digital media. Using the ongoing “Own it for Life” theme, the ads tell member stories as part of the awareness campaign, which has included TV spots and videos.