NEW YORK—Buy now, pay later lending has seen remarkable growth, driven primarily by younger, digitally savvy consumers, but BNPL may not always be dominated by fintechs, according to a new report.
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NEW YORK—Crypto hubs are popping up in growing numbers in developing countries, according to a new report.
JACKSON HOLE, Wyo.–The chairman of the Federal Reserve has all but officially announced a rate cut is coming in September.
DUBLIN, Calif.–Patelco Credit Union has confirmed some member information may have been compromised as part of a ransomware attack that began five weeks before its systems were knocked offline in late June and the attack became public knowledge.
EDWARDS, Calif.—Edwards FCU has reached out to members with a statement apologizing for the “recent challenges we've faced together during the launch of our new online and mobile banking services.”
WASHINGTON—Despite the recent pullback in mortgage rates, total home sales are expected to come in lower than previously forecast through the rest of 2024, and then not pick up meaningfully until further out in 2025, according to the August 2024 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
NEW YORK—Consumer debt has markedly risen in the last few years amid a challenging economic environment for consumers that has contributed to delinquency rates rising to their highest levels in more than a decade, according to a new report.
DENVER–To help mark its 90th anniversary, Westerra Credit Union is getting ready to offer a five-month share certificate paying an eye-catching 9.00% APY (8.648% dividend rate).
RALEIGH, N.C.–Civic Federal Credit Union has selected Velera to provide it contact center services and support.
DENVER–The GoWest Credit Union Association has announced the finalists for its 2024 GoWest Awards.