WASHINGTON—The FDIC has issued a new warning to consumers about using neobanks and fintech companies for banking.
Fresh Today
SEATTLE–Copper, a fintech that was hailed for offering a banking platform aimed primarily at teens that included a debit card, a mobile app, educational games and other features, has shut down its financial offerings.
WASHINGTON–The Federal Reserve now only expects to reduce rates one time during 2024, according to statements released following the adjournment of its June meeting.
WASHINGTON–The Federal Reserve will be wrapping up two days of meetings today during which analysts are expecting no changes in rates, even though the question will obviously be at the center of its agenda.
MIAMI–The new Credit Card Debt Study from WalletHub found consumers paid down $50 billion in debt during the first quarter of 2024 – around 8% more than last year.
SAN FRANCISCO— Visa has announced major changes to how its credit and debit cards will operate in the U.S. in the coming months and years.
RALEIGH, N.C.–Truliant Credit Union is making a big push into SBA lending.
CAMBRIDGE, Mass.–Harvard University Employees Credit Union (HUECU) has officially changed its name to Harvard Federal Credit Union.
WASHINGTON – The Consumer Financial Protection Bureau (CFPB) has proposed a rule that would remove medical bills from most credit reports.
MANHATTAN BEACH, Calif.–The second annual CU Impact Forum has concluded here.