ALBANY, N.Y.–Bill Mellin, president and CEO of the New York Credit Union Association, was among those who testified before the New York State Senate Banks Committee as part of a hearing on barriers that people of color, women, and low-income New Yorkers face when seeking fair mortgage and credit access.
WASHINGTON — Chime Financial, the fintech that saw quick growth and which was often cited by CUs as one of the growing threats to market share, failed to give consumers timely refunds when their accounts were closed, according to the CFPB.
NEW YORK—The transition from paper-based auto financing to digital continues, according to the latest data from Wolters Kluwer.
IRVINE, Calif. – Origence will host a free webinar today titled “Economic Outlook: Assessing Opportunities & Strategic Planning.”
SAN FRANCISCO—The Federal Home Loan Bank of San Francisco has named a new president and CEO.
LEESBURG, Fla. – A Florida credit union was forced to turn away one visitor to a branch here.
PURCHASE, N.Y.—Mastercard has introduced a new mobile virtual card app that it says enables virtual commercial cards to be easily added to digital wallets.
NEW YORK—A new class-action lawsuit asserts that American Express has been sharing credit card applicants’ data with Facebook without the applicants’ knowledge or consent.
SEATTLE—Starbucks continues to see a steady increase in the number of customers using its mobile app to buy coffee and other items.
WASHINGTON–Six months after accusations of a toxic, “sexualized boys club” at the FDIC, the agency has released a report from the independent third-party review that confirms the allegations of sexual harassment and other interpersonal misconduct.
