Chargebacks Reaching ‘Crisis Levels’ for Retailers, According to New Report 08/03/2022 07:33 pm NEW YORK—Credit card chargebacks are reaching crisis levels for retailers on both sides of the Atlantic, according to a major new survey of U.S. and U.K. consumers published by Justt, a chargeback mitigation company.
Senate Bill Expected as Early as Today to Give CFTC Crypto Oversight 08/03/2022 07:33 pm WASHINGTON—A Senate committee is set to propose legislation that would assign oversight of the two largest cryptocurrencies, bitcoin and ether, to Commodities Futures Trading Commission.
PSECU Promotes Stewart to Vice President of Strategic Growth 08/03/2022 02:24 pm HARRISBURG, Pa.-- PSECU has promoted Adam Stewart to Vice President of Strategic Growth, Marketing, and Relationship Management.
CEO of Small CU Shares How to Have Difficult Financial Conversations With Members 08/03/2022 07:36 pm MADISON, S.D.–The CEO of one small credit union is sharing how she goes about having the difficult conversations that come when members are experiencing difficult times financially.
CUNA Issues Action Alert Over New Durbin Interchange Bill; 31 of 38 CU-Backed Candidates Won in Primaries This Week 08/03/2022 07:38 pm WASHINGTON—CUNA has issued an action alert calling on credit unions to share their concerns with the interchange bill introduced by Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS). The bill would allow merchants to route payments through an unaffiliated network.
Two Bank Trade Groups Alarmed by Cybersecurity Language Inserted in Defense Bill 08/03/2022 07:37 pm WASHINGTON–Two bank trade groups are objecting to language related to online security in the proposed defense bill before Congress, arguing it will actually endanger cybersecurity.
Defense Council Kicks Off Annual Meeting With Session on Regulatory Challenges 08/03/2022 07:36 pm SAN ANTONIO–The 2022 Defense Credit Union Council Annual Conference has kicked off here, beginning with a session offering an update on legislative and regulatory initiatives and concerns.
As Costs Rise, Americans Piling Up Card Debt, But Delinquencies Have Yet to Rise 08/03/2022 07:35 pm NEW YORK–Americans struggling to keep up with inflation and the ever-higher cost of living are piling up more credit card debt, according to the New York Fed.
