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WASHINGTON—The Federal Trade Commission and the State of Florida have filed suit against Chargebacks911 for “unfairly thwarting” consumers who were trying to dispute credit card charges through the chargeback process.

PURCHASE, N.Y.—Mastercard has announced plans to accelerate its efforts to remove first–use, PVC plastics from payment cards on its network by 2028.

CORVALLIS, Ore.–Rick Hein, president and CEO of Oregon State Credit Union, has announced plans to retire in April of 2024.  A search has been launched for a successor.

BELLINGHAM, Wash.— For the first time in its 85-year history, Whatcom Educational Credit Union, better known as WECU, said it is officially expanding out of Whatcom County and across county lines with a new financial center set to open in Mount Vernon, Wash.

NEW YORK—Credit unions not only have to pay attention to the big shift to contactless plastic, they must also recognize the growing movement to virtual cards, according to a new report.

NEW YORK—The buy now, pay later (BNPL) market could surge to nearly $3.7 trillion by 2030, a new study is forecasting.

MEXICO CITY—Remittances to Mexico from abroad jumped 11.2% year on year in February, while dropping from the prior month, according to data published by the country's central bank.

MANCHESTER, N.H.–One credit union has announced a new president and CEO, while two other credit unions have announced CEO retirements.

NEW YORK–As CUToday.info has reported, in the wake of the failure of two banks, small and midsize U.S. banks lost hundreds of billions of dollars in recent weeks as funds flowed to larger banks and money market funds with higher yields. Now many of those smaller institutions—a relative term when CUs and banks are compared—are being forced to raise interest rates in order to stem the outflows, according to one new analysis.

TALLAHASSEE, FL – The League of Southeastern Credit Unions (LSCU) is reporting it has launched a “substantial campaign” to defeat state-level interchange legislation in Florida.