MINNEAPOLIS, Minn.—Target Corp has agreed to pay $39.4 million to resolve claims by banks and credit unions that said they lost money because of the retailer's late 2013 data breach.
Fresh Today
WASHINGTON–CUNA has sent a letter to the House in support of HR 4099, which would increase to $50 billion from $10 billion the threshold figure at which regulated depository institutions are subject to direct examination and reporting requirements of the CFPB.
WASHINGTON–More than 10 different initiatives were announced here during a two-day forum hosted by the Treasury Department aimed at reducing the number of people who are unbanked.
LOMBARD, Ill.—Another report shows that consumer fears over the security of mobile payments is holding them back from using a digital wallet.
ALEXANDRIA, Va.—PenFed Credit Union has absorbed two credit unions via mergers.
COLUMBUS, Ga.–MEA FCU is being absorbed via merger by Kinetic Credit Union.
NEW YORK—Retailers, armed with new high-tech apps to fight online competition, are giving consumers more reasons to use their mobile phones inside their stores.
KANSAS CITY, Mo.–Fresh off a merger and a new name, the Heartland Credit Union Association has now hired a brand communications agency to help develop its new brand identity.
WASHINGTON—WalletHub has introduced a new “financial intelligence tool” that it is offering free to consumers on its website that may offer some insights to credit unions on what their members are coming to expect.
ST. PETERSBURG, Fla.—A handful of lucky credit union members will be racing today to see how much merchandise they can grab in 60 seconds.