Credit unions continued to increase their role as secondary lenders for college students last year, with their private student loan portfolios growing faster than those of other private lenders and the federal government. Borrowers requested forbearance on their...

The House Financial Services Committee Thursday approved legislation that would exempt virtually all credit unions from CFPB rules. Voting 30-25, the committee approved H.R. 1264, which would exempt all financial institutions with less than $50 billion in assets from...

NAFCU is demanding that a California law firm stop sending letters to credit unions contending that they owe legal damages because their websites do not comply with the Americans With Disabilities Act. In a letter to Scott Ferrell and Victoria Knowles of the Pacific...

The CFPB’s regulation of payday lenders always has provoked heated arguments on both sides of the issue and the agency’s Tuesday announcement that it may reconsider its rule restricting lenders again fanned those flames. “Republicans are once again...

Two studies from Alight Solutions indicate that there’s a disconnect between how much financial help workers think they should be getting from their employers and how much help those employers think they should give. According to the 2017...

Swedish-based Precise Biometrics’ algorithm solution for fingerprint recognition is part of the first market trial of dual interface biometric payment cards with $7 million West Jordan, Utah-based Mountain America Credit Union. The payment card trial, carried...