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The community bank has developed trivia and other Zoom-based games to keep workers engaged during the pandemic.
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Many in the industry were adding counseling services to benefits packages even before the coronavirus outbreak spurred demand for assistance with mental well-being.
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Visa has seen tepid returns of payments volume as economies reopen, but the renewed virus cases and government responses have created an extra layer of uncertainty — particularly for cross-border transactions and travel.
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The rule, which will go up for a 60-day comment period, codifies existing NCUA policies and is not expected to change how the agency operates.
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Both developments are part of the company’s strategy of becoming a full-service bank for its young, affluent customer base.
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The announcement marks one of the credit union community's largest funding efforts toward diversity and inclusion initiatives.
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Donald Felix will join the Rhode Island company in January as head of national banking. He recently was responsible for developing a personal finance management strategy for JPMorgan Chase’s consumer bank.
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After selling the rights to its Ethereum-based technology, the bank is rebranding a venture related to cross-border payments and creating a new umbrella group to oversee all blockchain-related efforts.
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The subprime lender cited low odds that Washington will deliver further economic relief, and the fact that $1.5 billion of loans whose deferral period expired are now more than 30 days behind.
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After selling the rights to its Ethereum-based technology, the bank is rebranding a venture related to cross-border payments and creating a new umbrella group to oversee all blockchain-related efforts.
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Small businesses need a new round of loans and aid from the government to keep employees working as the pandemic continues to spread, SBA Administrator Jovita Carranza said.
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Amid the global explosion of e-commerce and demand for digital money transfers, Visa is acquiring YellowPepper to help drive tokenization and real-time payments in Latin America.
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Democracy Federal Credit Union is the latest to move ahead with plans to shut down on Nov. 3 so employees can get to the polls.
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Cross-border payments provider dLocal has expanded its network services in Africa and developed new partnerships in Nigeria and Egypt.
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Expect to see other credit card companies join the race to customize rewards to customers to maximize appeal and customer lifetime value, says RevTrax's Jonathan Treiber.
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