DES MOINES, Iowa–– Curql Collective, the CUSO that invests in fintech with an objective of bringing new solutions to credit unions, said its Curql Fund I has made an investment in Proof, which it described as the “world’s first identity-assured transaction management platform.”
Fresh Today
MIAMI–Another month, another new reading on how consumers feel about their finances, with the latest WalletHub Economic Index finding consumers are 22% more confident about their financial outlook this month than they did one year ago.
NEW YORK–2023 proved to be a very good year for the top 25 global banks.
NEW YORK—Synthetic identity fraudsters are primarily targeting the auto industry, leading to a 98% increase in attempts and a “staggering” $7.9 billion in losses for the industry in 2023, a new study reveals.
WASHINGTON–CUToday.info has learned Sen. Elizabeth Warren (D-MA) intends to propose legislation aimed at making housing more affordable and ending housing discrimination, with provisions that would also add a host of new Community Reinvestment Act-like rules for certain federal credit unions, including around mergers.
WASHINGTON–The nation’s 4,568 FDIC-insured banks and savings institutions reported aggregate net income of $64.2 billion in first quarter 2024, an increase of $28.4 billion (79.5%) from the prior quarter, according to new data, which also show some “material deterioration” in banks’ credit card and commercial real estate portfolios.
NEW YORK—A growing number of Americans are maxed out on their credit cards, new data show.
FORT WORTH, Texas–A lawsuit challenging the CFPB’s cap on credit card late fees may want to sign up for an airline miles credit card of its own, as it’s on the move again.
WASHINGTON—Best Buy/Geek Squad, Amazon, and PayPal are the companies scammers most often impersonate, according to new data from the Federal Trade Commission.
WASHINGTON—A change to the Customer Identification Program (CIP) rule to allow the partial collection of a social security number (SSN) for identity verification purposes is being opposed by America’s Credit Unions.