Debit interchange fees may see a revamp — a refashioning of the charges levied on merchants, the likes of which has not been seen in a decade. Next week, the Federal Reserve will take up an examination of “proposed revisions to the Board’s debit interchange...
Healthcare, social assistance, financial activities and wholesale trade led the country’s job gains in July. A total of 187,000 nonfarm payroll jobs were added during the month, the Bureau of Labor Statistics (BLS) said in a Friday (Aug. 4) press release. That total was less...
Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for January and the average monthly gain of 343,000 seen over the prior six months, the Bureau of Labor Statistics (BLS) said in...
Credit union members are famed for their loyalty. That historic bond is being tested as more CUs take a cautious approach to digital innovation due to prevailing macroeconomic headwinds. PSCU President and CEO Chuck Fagan, NAFCU CEO Dan Berger and Suncoast Credit Union SVP of...
October 19, 2023
Debit interchange fees may see a revamp — a refashioning of the charges levied on merchants, the likes of which has not been seen in a decade. Next week, the Federal Reserve will take up an examination of “proposed revisions to the Board’s debit interchange fee cap” per an agenda for that meeting, scheduled for […]
February 24, 2023
Credit union members are famed for their loyalty. That historic bond is being tested as more CUs take a cautious approach to digital innovation due to prevailing macroeconomic headwinds. PSCU...
September 23, 2019
Credit unions (CUs) are facing an ever-shifting financial services landscape. Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments...
July 31, 2017
Is the credit union market ready for its close-up? It’s a market that is showing clear signs of growth. In fact, the federally backed National Credit Union Administration (NCUA) reported...
November 02, 2023
Two national credit union associations are merging to create a new advocacy group. Members of the Credit Union National Association (CUNA) and National Association of Federally-Insured Credit Unions (NAFCU) have voted to join forces to become America’s Credit Unions, the groups said in a news release provided to PYMNTS Thursday (Nov. 2). “This merger is a historic opportunity […]
August 04, 2023
Healthcare, social assistance, financial activities and wholesale trade led the country’s job gains in July. A total of 187,000 nonfarm payroll jobs were added during the month, the Bureau of...
March 10, 2023
Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for January and the average monthly...
March 07, 2018
The National Association of Federally-Insured Credit Unions (NAFCU) sent a letter to two state senators yesterday, expressing its support for The Economic Growth, Regulatory Relief and Consumer Protection Act. Executive...
