The phrase refers to a current segment and campaign highlighting how University of Illinois Community Credit Union (UICCU) is using partnerships and education programs to promote financial literacy during April’s Financial Literacy Month. What it is A recent feature titled ...

Working to ensure credit union concerns are heard by a leading voice in financial regulation, America’s Credit Unions President/CEO Scott Simpson and Senior Vice President of Advocacy Greg Mesack met with Treasury Deputy Assistant Secretary for Financial Institutions Policy John ...

BNPL delinquency is clearly rising on most consumer-survey measures, but charge‑off/defaultperformance is still relatively low compared with cards, at least so far. What’s actually growing? Multiple recent surveys show a steady increase in the share of BNPL users who have ...

The Federal Court has ordered that payday lenders Cigno Australia and BSF Solutions pay a combined sum of $7 million for engaging in credit activity without a licence and charging prohibited fees. Cigno Australia was ordered to pay $3 million, ...

QVC’s parent, QVC Group, has announced that it intends to file for Chapter 11 bankruptcy protection to restructure more than 5 billion dollars of debt, but it expects to keep operating during the case. What is happening QVC Group disclosed ...

Global financial officials are warning that a new class of highly capable “cyber” AI models could materially raise systemic risk by helping attackers find and exploit vulnerabilities in bank and market infrastructure much faster than current defenses can adapt. What’s ...

Achieva Credit Union has taken an equity stake in the Payfinia Credit Union Service Organization (CUSO) and will deploy Payfinia’s Instant Payment Xchange (IPX) platform to power real-time payments for its members and business customers. What the announcement is about ...

A new wave of foreclosure cases have been filed against poor Maine homeowners who bought homes under a federal program seeking to collect on crushing amounts of debt. The U.S. Department of Agriculture filed 14 more foreclosures in Maine District ...

SACRAMENTO, Calif. — Civil rights and labor advocates are urging California lawmakers to pass AB 2558, a measure supporters say would help protect families from predatory payday lending practices that trap borrowers in cycles of debt. Dolores Huerta, one of ...