NEW YORK—Nearly 80% of U.S. banking consumers ages 18 to 42 cited mobile banking apps as a channel where they became aware of an FI’s offerings, according to a new report.
Fresh Today
NEW YORK—While shoppers continue to make online purchases via their laptops, retailers have been pushing to get even more purchases made using their phones—and they appear to be succeeding, according to one new report.
NEW YORK–After a brief reprieve, delinquencies on commercial mortgage-backed securities (CMBS) have risen again.
HOFFMAN ESTATES, Ill.–Following a major cyber incident that shut down or affected operations at approximately 15,000 car dealerships across the U.S., CDK Global is reporting that “substantially all” of the dealers that use its software are now back online.
WORCESTER, Mass.– Worcester Credit Union said it has named Lucas Miller to serve as interim president & CEO, succeeding Lisa Perrin, who will be leaving the $99.5-milion credit union later this month.
EL PASO, Texas–evolve FCU has launched a new Collegiate checking account it said is designed to “help college students during their scholastic journeys and guide them to financial independence.”
SKAGWAY, Alaska–Two credit unions have responded to this town’s request for expanded financial services—but each has a catch: they are looking for free office space to get started.
WASHINGTON—The Federal Trade Commission has taken action against online used car dealer Vroom, alleging the company has been “misrepresenting” that it thoroughly examined all vehicles before listing them for sale. The FTC further alleged the company has failed to obtain consumers’ consent to shipment delays or provide prompt refunds when cars weren’t delivered in the time Vroom promised.
BATON ROUGE, La.— Neighbors FCU has launched the “Blueprint for Financial Success Program,” which it said is an initiative aimed at “empowering members with personalized financial guidance.”
WESTBURY, N.Y–Jovia Financial Credit Union has formed a new unit to provide cybersecurity and cybersecurity literacy solutions.