WASHINGTON—Best Buy/Geek Squad, Amazon, and PayPal are the companies scammers most often impersonate, according to new data from the Federal Trade Commission.
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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.
LAS VEGAS—The $1.4 billion One Nevada Credit Union here has signed with Seattle-based Strum Platform to use the company’s Customer Data Platform (CDP).
HARRISBURG, Penn.–Vizo Financial Corporate CU said it will again be hosting its annual hot dog eating contest this summer as a means of raising money, awareness and support for Penn State Health Children’s Hospital.
ZAGREB, Croatia–A delegation of Ukrainian credit union professionals participated in a study tour hosted by the Croatian Association of Credit Unions and led by USAID/World Council of Credit Unions’ (WOCCU) Credit for Agriculture Producers (CAP) Project.
SAN FRANCISCO—Affirm has begun offering buy now, pay later (BNPL) loans for elective medical procedures.
SAN FRANCISCO—The continued shift to digital channels to send money across borders was evident in Western Union’s first quarter results, according to a new report.
PURCHASE, N.Y.— The shift to digital payments from cash continues to gain strength, with contactless and tokenized transactions are proving to be “strong tailwinds,” according to a new analysis of Mastercard data.
LONDON—At the recent Innovative Finance Global Summit here, the U.K.’s economic secretary, Bim Afolami, announced plans to introduce new laws to regulate the issuance and usage of stablecoins and crypto in the country.
ALEXANDRIA, Va.–NCUA said it will host a webinar today in recognition of Older Americans Month that will focus on the “importance of planning for retirement, managing money as you age, and ways to protect your money later in life.”