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IRVINE, Calif.—CU Direct announced it has launched Origence, a new brand for its products and solutions serving financial institutions.

BOSTON—A OneUnited Bank limited edition Visa debit card depicting Harriet Tubman has come under fire online from critics who say the design is in poor taste.

WASHINGTON–Citing the threat from the coronavirus, the Federal Reserve has cut the target range for the federal funds rate by .5% to a target range of 1% to 1.25%.

RALEIGH, N.C. –Constellation Digital Partners has announced a new program,  Dark Sky Ventures, which it said is designed to enable Constellation’s partner credit unions to collaborate on the development and negotiation of service provider relationships. 

NEW YORK–Credit unions continued to successfully build their credit card portfolios during the fourth quarter of 2019, but auto loan penetration “flat-lined” according to one new analysis.

LAS VEGAS—Equifax has introduced a new suite of digital retailing solutions that the company said are designed to remove frustrations often associated with online car shopping.

WASHINGTON—The operator of a debt collection scheme has settled claims by the Federal Trade Commission and New York Attorney General that he and the companies he controlled lied to consumers about how much debt they owed and used “illegal scare tactics” to collect it, the FTC said.

NEW YORK—A number of startups are taking on big banks with new apps that offer modern, mobile banking experiences, innovative features and reduced or even zero fees.