Debt Relief Payment Co., Owners, Now Have $11 Million Debt of Their Own After Settlement With CFPB 05/11/2022 07:47 pm WASHINGTON—A debt relief payment processor and its owners are to pay more than $11 million in fines and redress to consumers following a settlement with the CFPB.
Stablecoin Proves to be Not So Stable; Treasury Sec Sees Need for Regulation 05/11/2022 07:46 pm SEOUL, South Korea–One stablecoin is proving to be less than stable, and its led the Treasury secretary to call for regulations to be put in place.
Microsoft Releases Fixes to 74 Separate Windows-Related Security Issues 05/11/2022 07:45 pm REDMOND, Wash.–Microsoft has released updates to fix at least 74 separate security problems in its Windows operating systems and related software.
Would-Be Homebuyers Express Increasing Pessimism Over Being Able to Make a Purchase 05/11/2022 07:48 pm WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased by 4.7 points to 68.5 in April, its lowest level since May 2020, as surveyed consumers expressed heightened concerns about housing affordability and rising mortgage rates.
TTCU Expands Relationship with Co-op Solutions to Include Credit Processing, Other Services 05/11/2022 07:47 pm TULSA, Okla. – TTCU Federal Credit Union has expanded its partnership with Co-op Solutions with a new agreement for full-service credit processing and related products and services within the Co-op payments ecosystem.
Service CU Partners with Pocketnest to Launch Financial Wellness App for Members 05/11/2022 07:45 pm PORTSMOUTH, N.H.– Service Credit Union said it has partnered with financial wellness platform Pocketnest to launch a financial wellness app called “Fin-Life.”
Three CUs Make Investments in AKUVO 05/11/2022 07:47 pm MALVERN, Penn.–Three credit unions have made investments in AKUVO, which offers credit risk and delinquency management solutions.
PSCU Completes Acquisition of Juniper Payments 05/11/2022 07:49 pm ST. PETERSBURG, Fla.–PSCU said it hascompleted the acquisition of Juniper Payments, LLC from PITECO S.p.A. and its two principal owners, who will continue with the company under PSCU.
Pace of Inflation Slowed in August, But CU Economists Expect Increases to Continue 05/11/2022 07:50 pm WASHINGTON–The pace of inflation slowed during April for the first time since August, but CU economists expect price increases will continue.