PURCHASE, N.Y.—Mastercard and Oracle said they are partnering to automate B2B payments for enterprise customers.
Fresh Today
THE NORTH POLE—Not surprisingly, the cost of the 12 days worth of gifts purchased by the True Love has risen in 2023, but at nowhere near the increase seen just a year ago. PNC reported that purchasing all 364 gifts crossed the $200,000 threshold for the first time, settling in at $201,972.66, or 2.5% more than last year.
NEW YORK–The Wall Street Journal has published its list of the “Best Banks and Credit Unions” of 2024, and among the credit union winners is a name that frequently appears on such compilations.
ARLINGTON, Va.—Existing home sales rose 0.8% in November to a seasonally-adjusted annual rate of 3.82 million units, representing a 7.3% decrease in sales versus a year ago.
RANCHO CUCAMONGA, Calif.—Amid largely positive economic results, U.S. consumers are taking a cautious “wait and see” approach to the holiday shopping season, Co-op Solutions is reporting
WASHINGTON—The FHFA should be more “transparent” with its data and analyses regarding credit scoring models and the shift to bi-merge reporting, according to a letter sent by CUNA, NAFCU and a number of other trade associations.
ALEXANDRIA, Va. –NCUA is reminding the comment period on the Overhead Transfer Rate Methodology is now open and will run through Feb. 20, 2024.
PLANO, Texas – Catalyst Corporate FCU is reporting its board and NCUA have approved the call of 12.5% of the outstanding balance of its perpetual contributed capital (PCC) shares as of Dec. 31, 2023.
DALLAS – ALM First is reporting it served as a consultant for Space Coast Credit Union throughout its recent auto loan securitization process, which was the $9.03-billion CU’s first.
ALEXANDRIA, Va. – NCUA has joined with the Financial Crimes Enforcement Network (FinCEN) and other agencies in issuing a joint statement designed to provide clarity for banks regarding FinCEN’s final rule on access to beneficial ownership information.