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President Obama's January 4th recess appointment of Richard Cordray as head of the director of the Consumer Financial Protection Bureau has threatened to set-off a contentious legal challenge in an already polarized Congress.
February 13 -
Bankcard charge-offs rates are still riding near their lowest levels ever, but the wind is shifting slightly for private-label retail credit cards.
February 13 -
NEWPORT NEWS, Va.-Chalk up Bayport CU here as another CU that has found success with the slogan "Ditch Your Bank."
February 13 -
FEDERAL WAY, Wash.-Giving free coffee to morning commuters at a transit center here meant a pre-dawn awakening for the staff of Woodstone Credit Union, but Regina Aldridge said the payoff was worth it.
February 13 -
Bank of America Corp. says reports that circulated this morning saying the bank has delayed its launch of a mobile check-deposit application to the second half of 2012 are half true.
February 10 -
China UnionPay cardholders beginning in March may use their cards with online retailers based in Taiwan under an agreement the card organization reached on Feb. 8 with Taiwan’s National Credit Card Center, which is responsible for the interbank settlements of credit card transactions between card-issuing banks and retail merchants’ banks.
February 10 -
Who carries cash anymore? Just about everybody, it turns out.
February 10 -
Toronto-Dominion Bank is handing over the reins of its ATM fleet to Diebold Inc.
February 10 -
WASHINGTON–A coalition of credit-union and banking lobbyists joined the ATM industry in calling for legislation eliminating the need for a physical fee disclosure outside ATMs to stop the proliferation of lawsuits alleging violation of the Electronic Funds Transfer Act.
February 10 -
Several billion consumers and 35 million merchants worldwide take the enormous convenience and security of branded payment cards for granted.
February 10