9+ hour, 15+ min ago   (186+ words) LONDON--Banking and credit card companies receive six times as many complaints as the average across other financial-services sectors, according to a new analysis by Huntswood, a ResultsCX company. Organizations in the banking and credit card sector handled an average…...

9+ hour, 13+ min ago   (937+ words) MADISON, Wis.— TruStage is developing a fund that would provide grants—not loans—to credit union members who suffered financial hardship because of its cyberattack, President and CEO Terrance Williams revealed Friday, while acknowledging the company has “fallen down” on…...

9+ hour, 15+ min ago   (215+ words) cutoday.info WASHINGTON— Auto loan debt equals at least half of residents’ annual income in 170 U.S cities, according to a WalletHub analysis that underscores growing affordability risks for vehicle buyers.WalletHub compared median auto-loan balances with median…...

9+ hour, 15+ min ago   (295+ words) cutoday.info NEW YORK—The FDIC scored another victory in its multibillion-dollar legal battle stemming from Silicon Valley Bank’s collapse, with a federal appeals court ruling the agency did not have to file a proof of claim…...

9+ hour, 15+ min ago   (266+ words) Anthropic Discloses Another Claude Model Hacked External Systems In Testing cutoday.info SAN FRANCISCO--Anthropic has disclosed another case in which one of its AI models hacked external systems during testing, Reuters reported, adding to concerns about the risks posed…...

9+ hour, 16+ min ago   (196+ words) cutoday.info ANNAPOLIS, Md.— The Accredited Standards Committee X9 has launched an industry forum focused on identifying ways to reduce fraud across payment types and networks Participation in the X9 Payment Fraud Forum is open to anyone in financial services, and…...

3+ day, 8+ hour ago   (480+ words) WASHINGTON—President Donald Trump renewed his call for credit card swipe fee reform Wednesday evening, saying during the Republican midterm convention in Dallas that reducing the fees would save families money. “We will cut out-of-control credit card swipe fees, saving…...

2+ day, 23+ hour ago   (139+ words) CU Today WASHINGTON—Federal banking regulators have issued an interim final rule doubling the asset threshold for certain community banks to qualify for an 18-month examination cycle, increasing it from $3 billion to $6 billion.The change implements provisions of the…...

3+ day, 1+ hour ago   (96+ words) CU Today MCLEAN, Va.—Mortgage rates moved higher this week, with the average 30-year fixed-rate mortgage rising to 6.76%, according to Freddie Mac's latest Primary Mortgage Market Survey.The 30-year rate increased from 6.71% a week earlier and was also…...

3+ day, 7+ hour ago   (251+ words) America’s Credit Unions Sets 3 Priorities For Final Congressional Push CU Today WASHINGTON--Time in Washington is running out for the current Congress, but America’s Credit Unions has three priorities it is working to advance through the end of…...