IMGCAP(1)]
The Members Group, a provider of credit, debit and prepaid cards, announced today it is offering general-purpose reloadable cards to credit unions.
TransUnion this week launched its Dynamic Monitoring platform, which is designed to help Canadian businesses identify risk and predict credit behavior by monitoring financial transactions as they occur instead of reviewing them in monthly or quarterly reports.
The measure, sent Thursday to the Governor's desk, would mark the second state ban on interchange fees and could inform an ongoing bank-led legal challenge to a similar Illinois law.
An April 20 bankruptcy filing accuses Kfir Gavrieli of recruiting friends, family and his synagogue to sign sham contracts that inflated Aspiration's revenue.
Research from American Banker shows that at least a quarter of all respondents see BNPL as a credible threat to credit card revenue.
The megabank rolled out higher profitability targets on Thursday at its first investor day in four years. Its board also authorized a multiyear share repurchase program of $30 billion.
Freddie Mac was more aggressive than its counterpart for much of the past year but March activity establishes that there's a different trend at play in 2026.
Life insurers' borrowings from the Federal Home Loan banks has increased in recent years, raising concerns about opaque, private credit investments and how it intersects with the Federal Home Loan banks' housing mission.
