FDIC initiative targets unbanked consumers

By Douglas Clark   |   August 16, 2021   |   Industry

Federal Deposit Insurance Corporation (FDIC) officials said eight teams have been selected to participate in an endeavor they said seeks to aid banks in meeting the needs of unbanked consumers. The...

Read More

Report examines consumer credit growth

By Douglas Clark   |   August 12, 2021   |   Industry

According to the National Association of Federally-Insured Credit Unions (NAFCU) Macro Data Flash report, consumer credit increased 10.6 percent in June and is up 4.2 percent compared to a year ago. ...

Read More

FMI provides debt routing input

By Douglas Clark   |   August 12, 2021   |   Federal

FMI - The Food Industry Association announced this week its support of the Federal Reserve Board of Governors’ proposal clarifying debit routing provisions in the Durbin Amendment. The Debit Card...

Read More