BNPL Solution to Roll Out in U.S. With Zilch in Fees, Penalties; Cash-Back Rewards Offered 06/28/2022 07:28 pm LONDON–Buy now, pay later (BNPL) platform Zilch has launched what it is calling a "2.0" business model in the United States that the company said won't charge late fees or penalties, while offering cash-back rewards to consumers.
States Can Enact Even Tougher Rules Than FCRA, CFPB Says With New Interpretive Rule 06/28/2022 07:29 pm WASHINGTON–TheCFPB has issued an interpretive rule it said affirms states’ abilities to protect their residents through their own fair credit reporting laws.
Vizo Financial Announces Board Changes Following Meeting 06/28/2022 07:28 pm GREENSBORO, N.C.–Vizo Financial Corporate Credit Union has announced changes to its board following its 2022 annual meeting, which was conducted virtually.
Red Rocks CU Latest in Colorado Ordered to Pay Gap Refunds 06/28/2022 07:29 pm LITTLETON, Colo.–Red Rocks Credit Union has become the latest CU in this state to be ordered to return funds to members related to unearned guaranteed automobile protection (GAP) premiums.
Payment Choice Act Reintroduced by 2 Senators 06/28/2022 07:29 pm WASHINGTON—U.S. Sens. Bob Menendez (D-NJ) and Kevin Cramer (R-ND) have reintroduced the Payment Choice Act.
Supreme Court Declines to Review Ruling That NY FCUs Must Pay Mortgage Tax 06/28/2022 07:28 pm WASHINGTON–The U.S. Supreme Court has declined to review a decade-old New York court ruling that upheld a rule requiring federal credit unions in the state to impose the state’s mortgage recording tax.
Maine League Announces New Board Members, Chair, Vice Chair 06/28/2022 07:28 pm WESTBROOK, Maine–The Maine Credit Union League has announced the new members of its 2022–2023 board, including the appointment of a new Board Chair and Vice Chair.
Members of Global CU Approve Merger, Headed to Alaska (USA) 06/28/2022 07:28 pm SPOKANE, Wash.–Members of the $612-million Global Credit Union here have approved a merger into Anchorage-based Alaska FCU.
