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ST. PETERSBURG, Fla.—There has been a dramatic acceleration in moving to contactless plastic during the pandemic, but are all credit unions on board with the shift? One payments expert says—surprisingly—a large number are not, and that has him concerned.

WASHINGTON— The Consumer Financial Protection Bureau has asked a federal district court to enter a final judgment and order that, if entered by the court, would require DMB Financial, LLC to pay consumers at least $5.4 million for charging unlawful fees and failing to provide required disclosures to its customers, and a civil penalty.