As Inflation Rises, More Cards Pitching Higher Rewards, Rates 08/07/2022 03:10 pm NEW YORK—More credit cards are pitching themselves as a means to help consumers cope with inflation by offering higher rewards rates.
Eight People Inducted Into Louisiana CU Hall of Fame 08/07/2022 03:10 pm HARAHAN, La.– The Louisiana Credit Union League (LCUL) has inducted eight exceptional individuals into the Louisiana Credit Union Hall of Fame.
Cyberattack Drains Millions in Cryptocurrency From Solana 08/07/2022 03:10 pm GENEVA–An cyberattack on the Solana cryptocurrency ecosystem drained funds from thousands of wallets.
Q2 Data Show ‘Normalization in Delinquencies,’ More Credit Extended to Non-Prime Borrowers, TransUnion Reports 08/07/2022 03:16 pm CHICAGO–The first half of 2022 concluded with a “normalization in serious delinquency rates” to pre-pandemic levels for most credit products as lenders continued to expand access to credit cards and personal loans, according to a new TransUnion analysis.
BECU to Roll Out ‘Digital Envelopes’ 08/07/2022 03:17 pm TUKWILA, Wash.—The old-school savings model of stuffing cash into paper envelopes to budget for monthly needs is now being digitized by BECU, which says members are reacting well to the e-program that also is a means to retain core deposits.
CUNA Urges Senator to Rethink Bill Giving NCUA Third Party Oversight 08/07/2022 03:15 pm WASHINGTON—CUNA is calling on Sen. Jon Ossoff (D-GA) to reconsider his Improving Cybersecurity of Credit Union Act, a bill that would give NCUA authority over third-party vendors.
Used Car Prices Soften for Second Consecutive Month 08/07/2022 03:15 pm LAWRENCEVILLE, Ga.—Used car values in July softened for the second consecutive month, finally pushing down wholesale prices, Black Book reported.
Texas Education CU Names Interim President/CEO 08/07/2022 03:14 pm AMARILLO, Texas–Education Credit Union has named an interim president and CEO following the departure of Eric Jenkins.