WASHINGTON—The Federal Trade Commission is taking action against bill payment company Doxo and two of its co-founders, alleging the company uses misleading search ads to impersonate consumers’ billers and deceptive design practices to mislead consumers about millions of dollars in junk fees they tacked on to consumers’ bills.
WASHINGTON—The Treasury Department is actively advocating for broader enforcement powers aimed at regulating foreign providers of cryptocurrency services, driven by what it says is the imperative of strengthening national security measures, according to a new report.
SAN FRANCISCO—The fintech Skipify has announced a collaboration with Visa through the Visa Digital Commerce Program.
WASHINGTON–Calling Frontwave Credit Union’s overdraft practices “unconscionable,” a half-dozen members of Congress are calling for an investigation in a letter sent to the credit union.
CHAMPAIGN, Ill.—University researchers have found that if a person feeds a GPT-4 artificial intelligence agent public security advisories, it can exploit unpatched "real-world" vulnerabilities without precise technical information, according to a new report.
ST. LOUIS–To comfortably afford the median-priced home ($332,494), first-time buyers need a household income of $119,769, meaning the median home is affordable for median earners in just four states and six of the 50 largest metro areas, according to a new analysis.
PURCHASE, N.Y.—A new study reveals that providing the unbanked and underbanked populations access to financial services can potentially “generate significant economic and social impact.”
KNOXVILLE, Tenn.— After 31 years of service, Larry Pressley, president and CEO of City Employees Credit Union (CECU) is retiring May 1.
WESTBROOK, Maine–The Maine Credit Union League has named a new president effective June 3.
VACAVILLE, Calif.–Travis Credit Union said it has joined the Federal Home Loan Bank of San Francisco’s 2024 Workforce Initiative Subsidy for Homeownership program (WISH) through which it will provide down-payment grants for residents in 12 Northern California counties.
