Texas Judge Issues Injunction on CFPB’s Credit Card Late Fee Rule

Texas Judge Issues Injunction on CFPB’s Credit Card Late Fee Rule

In the ongoing case of financial institutions vs the CFPB, a Federal Judge in Texas has issued an injunction of the CFPB’s credit card late fee ruling, reports Emily Claus.

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Overcoming the Myths of Full-Service Card Processing

Overcoming the Myths of Full-Service Card Processing

Third party vendors are all too eager to convince credit unions they’re not equipped to handle card processing on their own, but one credit union CEO, Jim Ryan, proved them all wrong and show your credit union how you can too.

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CFPB’s Credit Card Late Fee Rule Change Still Slated for May 2024 Despite Staunch Opposition

CFPB’s Credit Card Late Fee Rule Change Still Slated for May 2024 Despite Staunch Opposition

Opponents of the CFPB’s credit card late fee proposal are trying to shoot it down everywhere. So far, they are failing. The rule still is slated to go into effect next month. David Baumann reports on the latest developments.

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The Credit Card Competition Act and Its Implications for Card Rewards

The Credit Card Competition Act and Its Implications for Card Rewards

As we continue this two-part series on interchange, Esteban Camargo discusses the Credit Card Competition Act of 2023, what supporters and opponents are saying about it, and what the aftermath of the 2010 Durbin Amendment might suggest is in store for credit cards.

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What is Interchange and Why Does it Matter to Credit Unions?

What is Interchange and Why Does it Matter to Credit Unions?

Financial literacy month continues with part one of Esteban Camargo’s two-part series on interchange income: what it is, why it’s important to credit unions, and what politicians are trying to change.

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The Fight Against the CFPB’s Late Fee Rule Continues, But Not In Texas

The Fight Against the CFPB’s Late Fee Rule Continues, But Not In Texas

In the latest update on pushback against the CFBP’s credit card late fee ruling, a Texas judge has rejected trade groups’ request for the suit to be filed in the lone star state—where the conditions are more favorable—instead of Washington D.C. Emily Claus reports.

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CFPB’s Contentious Credit Card Rule Will Face Stiff Challenge

CFPB’s Contentious Credit Card Rule Will Face Stiff Challenge

On March 5, the CFPB issued its final rule governing credit card late fees, reports David Baumann.

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Credit Unions and the Evolution of “Buy Now Pay Later” Lending

Credit Unions and the Evolution of “Buy Now Pay Later” Lending

Chip Filson dives into the history of buy now, pay later and how the practice—and those who use it—has changed over the decades.

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Rewards: Everybody Has Them, Why Don’t You?

Rewards: Everybody Has Them, Why Don’t You?

Reward systems seem to be everywhere you look, offering some kind of discount for your continued loyalty. Well, almost everywhere. Stephanie Raven discusses the importance of offering rewards at the credit union and how all parties can benefit from the program.

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Tips for Managing Members’ Compromised Cards

Tips for Managing Members’ Compromised Cards

When a member’s card is compromised, both the member and credit union will need to act quickly to minimize the damage. Linda Stearns offers advice on how to best approach the situation to resolve it quickly and support your members.

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