KANSAS CITY, Mo. — A man has been arrested here for allegedly robbing a credit union using what appeared to be a machete.
Fresh Today
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has filed a proposed order to resolve its lawsuit against Credit Repair Cloud and CEO Daniel A. Rosen for providing what is said has been “substantial assistance or support to credit repair businesses that charge illegal advance fees to consumers.”
ANNAPOLIS, Md.—Maryland has become the first state in the nation to pass a law aimed at stopping gift card draining scams.
WASHINGTON—The Federal Reserve Bank of Cleveland said its FedTalk series will tackle instant-payment technologies during an August 21 panel discussion.
NEW YORK—ModernFi, a provider of deposit management for financial institutions, said it has formed and received funding for ModernFi CUSO that has been launched to support and scale the first deposit network for credit unions.
WASHINGTON—Several regulatory agencies that oversee banks said they will hold a virtual public outreach meeting on Sept. 25, as part of a review of regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA).
HOUSTON– Another survey has found more U.S. consumers are using debit for more transactions and are spending more in the process.
WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 1.1 points in July to 71.5, as an overall lack of affordability continues to hamstring consumer sentiment toward the housing market, according to the company.
DUBLIN, Calif.–Numerous lawsuits have been filed against Patelco Credit Union following a ransomware attack that knocked many of its systems offline for weeks.
MADISON, Wis.–The leaders of three of the largest organizations in credit unions shared their thoughts on their short-term and long-term focus as well as other issues during a panel discussion.