Overdrafts Are A 'Complex Jigsaw Puzzle' 09/15/2024 11:15 am LAKE FOREST, IIl.—Financial Institutions must pay attention to 10 overdraft “components” to offer a successful OD program, says Moebs $ervices, which believes overdrafts are the most complex financial service to offer.
Mastercard is Expanding Efforts to Eliminate Use of Card Numbers in Online Transactions; Acquires Cybersecurity Firm 09/15/2024 11:16 am PURCHASE, N.Y.—Mastercard is expanding its efforts to eliminate the use of credit card numbers when customers make purchases online in a bid to fight fraud, according to a new report.
NC General Assembly Override’s Governor’s Veto of Bill Prohibiting Local Participation in a CBDC 09/15/2024 11:17 am RALEIGH, N.C.—The North Carolina General Assembly has passed a bill that prohibits the state from participating in Federal Reserve branch testing of central bank digital currencies (CBDCs) and bans payments using CBDCs.
PayPal, Venmo Incorporate Name Service into Payment Platforms 09/15/2024 11:16 am SAN FRANCISCO—PayPal and Venmo have incorporated the Ethereum Name Service (ENS) into their payment platforms in an effort to simplify cryptocurrency transactions, according to a new report.
World Council to Host Workshop on Board Governance 09/15/2024 11:18 am MADISON, Wis.–The World Council of Credit Unions has introduced what it is calling an extended virtual learning opportunity format, WOCCU Workshops.
Visa Looking to Launch Dedicated Service to A2A Payments 09/15/2024 11:16 am SAN FRANCISCO—Visa plans to launch a dedicated service for account-to-account payments, skipping the traditional and what it called “often inflexible” direct debit process, a new report states.
And This Week’s Example of a Car Crashing into a CU Is… 09/15/2024 11:17 am NILES, Mich.–And this week’s example of a car crashing into a credit union can be found in this town in southwestern Michigan.
