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WASHINGTON–CUNA and NAFCU have joined with the American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Electronic Payments Coalition, and Independent Community Bankers of America in sending a letter to House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy with a “warning” over the card interchange before the House.

WASHINGTON—The White House Office of Science and Technology Policy is warning cryptocurrency mining operations could hinder the country’s ability to mitigate climate change.

BASINGSTOKE, U.K.–A new study from Juniper Research suggests the value of contactless payment transactions will reach $10 trillion globally by 2027, up from $4.6 trillion in 2022.

LONDON—Mastercard said it is partnering with Nochex Ltd, a U.K. provider of payment services, to roll out Click to Pay.

WASHINGTON—The U.S. Securities and Exchange Commission is planning to open a new office that will handle public filings related to crypto activity.

CUPERTINO, Calif.—Despite a slow start, Apple Pay is now living up to expectations, according to new research.

WASHINGTON–Thirty-four credit unions are among the CDFIs that have been awarded a total of $11.4-million from the Treasury department’s CDFI Fund as part of its  FY 2022 round of the Small Dollar Loan Program (SDL Program).

WASHNGTON–It’s expected to be another busy week on Capitol Hill, with one person saying it has the potential to be a “great” week for credit union-related issues.

WASHINGTON–More than 50 credit unions are among the institutions that have received technical assistance grants as part of the Community Development Financial Institutions Fund’s latest round.

NEW YORK—Inflation is already putting a strain on the upcoming holidays, and one report indicates credit unions may have both lending and financial education opportunities as a result.