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With the pandemic's economic toll leading to elevated billing error notices, the consumer bureau said card companies will not be cited if they fail to meet the typical time frame for resolving disputes.
May 13 -
The Independent Community Bankers of America would not rule out legal action if Congress doesn't address the National Credit Union Administration's recent decision expanding the low-income designation.
May 13 -
Industry groups also supported Democrat Christy Smith in a special election in California, though it appeared likely she would lose the bid.
May 13 -
More write-downs seem inevitable as the coronavirus outbreak wreaks havoc on the economy and bank stocks.
May 13 -
Mastercard is adding to its global network of innovation labs by partnering with Enel X, a mobility and smart-city startup, to open a center in the Israeli fintech hub of Be'er Sheva.
May 13 -
Cross River Bank, a banking-as-a-service provider to fintechs, has signed Remitly to leverage its new push-to-card international payment service for near-real-time remittances.
May 13 -
Incoming chief Frank Bisignano downplays any pressure to find $1.2 billion in cost cuts promised to shareholders from the acquisition of First Data. Instead he emphasized his track record of producing revenue growth and pledged to keep funding innovation projects.
May 13 -
The head of the U.S. central bank said its emergency credit programs were not designed to prop businesses up over the long term.
May 13 -
After times of significant turmoil, habits never fully revert to previous norms. Instead, we respond to those events and permanently change the way we live, says Fiserv's Nandan Sheth.
May 13Fiserv -
Cybyer criminals have become more aggressive as employees are working from home. Credit unions should take these steps to ensure they block those efforts.
May 13NetSPI