TUKWILA, Wash.-- Boeing Employees CU announced yesterday it has renewed and signed a five-year exclusive agreement with MasterCard Worldwide for its debit and credit cards. The $7 billion credit union known as BECU, has been a MasterCard issuers for 10 years. The 485,000-member credit union claims 325,000 card users.
The Independent Community Bankers of America argue in a new lawsuit that the Office of the Comptroller of the Currency is exceeding its statutory authority in granting trust charters to crypto companies.
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The economy added just 29,000 jobs in September, far below economists expectations, though the unemployment rate remained steady, indicating softening in the labor market.
Thirty-seven percent of those making more than $500,000 live paycheck to paycheck, Goldman Sachs found, making this a problem for more than just lower-income workers.
Federal Reserve Gov. Lisa Cook said Thursday that private credit does not seem to pose additional risks to the financial system at the moment, but added that more information about the opaque market is needed.
FiCare asked a judge to stop Fiserv from using automated checks to lift fraud holds. Fiserv says the credit union could have turned on one-time passcodes.
