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NEW YORK–The growth of buy now, pay later (BNPL) solutions continues to draw national attention, with one analysis suggesting as many as 125-million people have now used the financing option.

WASHINGTON—The Consumer Financial Protection Bureau has filed a lawsuit in federal district court accusing LendUp Loans, LLC of violating a 2016 consent order and deceiving tens of thousands of borrowers.

WASHINGTON – As credit unions and CUSOs continue to turn to artificial intelligence (AI) to improve numerous solutions, the Commerce Department announced it has established a high-level committee to advise the President and other federal agencies on a range of issues related to AI.

TORONTO–A new analysis of consumer spending reveals the most popular “panic purchases” made by consumers during the pandemic.

LANSING, Mich.–The Michigan Department of Insurance and Financial Services (DIFS) shut down websites for four fake banks and one credit union.

MANCHESTER, N.H.–St. Mary’s Bank, the nation’s first credit union, held an event here to unveil a new exhibit at America's Credit Union Museum that seeks to provide insight into the connection between both organizations.

WASHINGTON–Former NCUA Chairman J. Mark McWatters has joined the Board of Trustees for the Trust for Credit Unions.

WASHINGTON–The Federal Deposit Insurance Corporation (FDIC) has announced the launch of a new Mission-Driven Bank Fund,  which it described as a capital investment vehicle being developed by the FDIC to support insured Minority Depository Institutions (MDIs) and Community Development Financial Institutions (CDFIs).

WASHINGTON—In the lead up to the proposal being dropped by Congress, credit union staff and members have sent more than 155,000 messages in opposition to expanding Internal Revenue Service reporting requirements, according to CUNA.