WASHINGTON—NAFCU, CUNA, and the Defense Credit Union Council (DCUC) have urged the Senate to oppose the effort by Sen. Josh Hawley (R-MO) to attach his Capping Credit Card Interest Rates Act (S. 2760) as an amendment to a proposed “minibus” appropriations bill.
PANAMA CITY, Fla. - Bay Credit Union and FLAG Credit Union, the latter of which has been operating as a division of Bay CU, will introduce new branding effective Sept. 28. The credit union will then become Hello Credit Union.
WASHINGTON – In releasing a new guide titled “Principles for Net-Zero Financing & Investment,” the Treasury Department is saying financial institutions should develop net-zero “transition plans.”
PASADENA, Calif. —Following its merger with Central Coast Credit Union, Wescom Credit Union said it has officially added eight Southern California counties to its field of membership, and will now serve an additional 13 counties in California.
NEW YORK–With interest rates high and lending standards tighten, America’s small business owners say they are struggling to access the capital they need to operate and grow their businesses, according to Goldman Sachs 10,000 Small Businesses Voices survey of 1,556 small business owners.
NEW YORK—American Express is making some substantial changes to its Platinum Card.
LONDON—The U.K. government is exploring the use of open banking driven digital payments for public services.
NEW YORK— Bank of America is now offering credit card rewards for electric vehicle owners.
NEW DELHI, India— India is seeking to use artificial intelligence to expand digital payments to rural areas.
WASHINGTON–As most had expected, the Federal Reserve’s Open Market Committee has adjourned its September meeting by opting to leave rates untouched.
