BOSTON - (01/18/06) -- Twenty-five members of PostalCommunity CU won the equivalent of a month's home heating coststhrough the credit union's Home Heating Rebate Program. As a way tohelp members deal with soaring fuel costs, in December the creditunion offered a chance to receive money back to help defray thecosts of heating their homes. Tuesday the $135 million credit unionannounced that 25 members were chosen from a lottery to receive$300 Home Heating Rebates.
Federal Reserve Gov. Stephen Miran on Thursday detailed a plan to reduce the central bank's balance sheet, saying a smaller footprint would reinforce policy boundaries but could also bring more market volatility.
The Canadian bank laid out its rationale Thursday for opening new branches in California. The objective is to increase density in the Golden State, and subsequently achieve greater market share and higher returns.
The legislation would grant the Consumer Financial Protection Bureau, among other agencies, more oversight of airline-branded credit cards and rewards schemes.
PayPal, Stripe, Visa and Mastercard must be vigilant against offboarding clients for political or religious reasons, the Federal Trade Commission warned Thursday.
Financial security teams must treat AI like a junior analyst, requiring humans to own decisions and approve any responsive actions to threats.
The French crypto wallet company is expanding into the U.S. and growing its institutional enterprise offerings as new regulation opens opportunities for digital asset investment.
