School’s Out: CFPB Shuts Down Student Loan Debt Relief Service for Alleged Misrepresentations 05/20/2024 07:36 pm WASHINGTON—The CFPB said it has taken action against Western Benefits Group for allegedly charging illegal advance fees for student loan debt relief services and misrepresenting to consumers that advance fees would go toward paying down their loans.
Man Who Threatened to ‘Blow Up’ City During Call With CU Employees is Convicted 05/20/2024 07:38 pm ROANOKE, Va.–A man who made threats to two credit union employees during a telephone call by saying he would “blow up Roanoke” has been found guilty.
As Open Banking Expands Around the World, Canada Pauses 05/20/2024 07:37 pm OTTOWA, Canada—Even as open banking continues to grow around the world, Canada’s federal government is expected to table a second bill on open banking after the 2024 fall economic statement.
Vermont Enacts Regulations for Crypto Kiosks 05/20/2024 07:37 pm MONTPELIER, Vt.—In a move aimed at protecting Vermonters from fraudsters, the state has passed legislation regulating cryptocurrency kiosks, which allow people to quickly buy virtual currencies with cash or debit cards.
DuTrac Community CU Cuts Ribbon on Mobile Branch (We Assume It Was Stopped at the Time) 05/20/2024 07:38 pm DAVENPORT, Iowa–DuTrac Community Credit Union held a ribbon cutting for its new mobile branch in the Hy-Vee parking lot here.
BNPL Offerings Continue to Expand With Walmart-Backed Company’s Entrance; Rates as High as 35.99% 05/20/2024 07:37 pm BENTONVILLE, Ark.—The buy now and pay later (BNPL) market continues to expand, and this time through one of the country’s largest retailers, which is already a player in the BNPL space.