Pandemic Has Had Pronounced Effect In a Short Time on How People Pay Their Debts, TransUnion Analysis Finds 04/14/2021 07:49 pm CHICAGO– The COVID-19 pandemic had a pronounced effect – in a short period of time – on how people paid their debts, particularly when faced with financial stress, according to a new TransUnion study.
Overall Consumer Prices Jump, But the Number Isn’t All That it Seems; Plus, NAFCU Sends Letter on CFPB Proposal 04/14/2021 07:48 pm ARLINGTON, Va.—On a seasonally-adjusted basis, overall consumer prices rose 0.6% in March, with the Bureau of Labor Statistics reporting the overall consumer price index (CPI) grew 2.6% over the 12-month period.
Nearly Half of NCUA’s 2020 Hires Were People of Color, Report States 04/14/2021 07:49 pm ALEXANDRIA, Va.– Nearly half of new hires at NCUA during 2020 were people of color, according to a new report from the agency.
FDIC Partners With Duke School of Engineering to Support Tech Innovations 04/14/2021 07:47 pm WASHINGTON– The Federal Deposit Insurance Corporation (FDIC) and Duke University’s Pratt School of Engineering have announced a strategic partnership to support technological innovation in the banking and financial services sectors.
Members Greeted by Interactive Hologram, Humanoid Robot in New Branch 04/14/2021 07:47 pm LOWELL, Mass.–Workers Credit Union here has opened a new branch that includes an interactive hologram and a humanoid robot to go with the new video tellers.
Bill to Extend Loan Maturity Limits for FCUs Would Help CUs in Student Lending, CUNA Says 04/14/2021 07:46 pm WASHINGTON—Bipartisan legislation extending the loan maturity limit for federal credit unions would help more credit unions enter the student lending sector, CUNA stated in a letter to the Senate Banking, Housing and Urban Affairs Committee.
Visa Warns Cybercriminals Using Web Shells to Establish Command & Control During Skimming Attacks 04/14/2021 07:47 pm SAN FRANCISCO–Visa is warning that cybercriminals are increasingly using web shells to establish command and control over retailers' servers during payment card skimming attacks.
