NEW YORK—A new study shows that in the healthcare sector, small and medium-sized businesses (SMB) have increasingly turned to real-time payments for account-to-account transfers, revealing a surge in activity when compared to credit cards and checks over the past year.
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CINCINNATI—Worldpay has rolled out tap to pay on iPhones it said is aimed at simplifying payments.
MINNEAPOLIS – NCUA has granted a federal charter and Share Insurance Fund coverage to Tribe Federal Credit Union here.
RALEIGH, N.C.–The North Carolina Supreme Court has held that Charlotte Metro Credit Union’s (now Skyla) unilateral update to add an arbitration provision and class action waiver to its contract with one of its members was valid under North Carolina contract law.
NEW YORK–The CMBS Special Servicing Rate has taken a “massive leap” in the latest data, according to a new report.
WYOMISSING, Penn.–Two Pennsylvania credit unions have announced plans to merge.
NEW YORK—Credit usage continues to dominate online spending, while debit is king in retail stores, new data show.
WASHINGTON—The House voted has 261-192 to pass the credit union-supported CBDC Anti-Surveillance State Act (H.R. 5403). The bill—which has a Senate companion—would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC).
HARRISBURG, Penn./HAMILTON, N.J.–Credit union associations in New Jersey/Pennsylvania, the Dakotas and Maine have all announced new board members and/or honors for individuals and credit unions.
SEATTLE–Seattle Credit Union is reporting it has entered into a partnership with the William Factory Small Business Incubator to present workshops for small business owners and entrepreneurs in the local community.