Torn between inflationary nervousness and fear of deflation, central bankers in major advanced economies are adopting a potentially costly wait-and-see approach. Only a gradual overhaul of their tools and goals can help them play a socially useful post-pandemic role. ATHENS – As the coronavirus pandemic recedes in advanced economies, their central banks increasingly look like […]

a social initiative technology company that provides self-service financial services infrastructure for underserved communities in the United States and abroad, and Answers, Etc., a leading financial services software provider, today announced the availability of Tier3’s self-service check cashing solution on Maya’s Smart ATM platform. The new solution has been tested and successfully launched in check […]

PayPal CEO Dan Schulman isn’t the first business leader to recognize the impact of employee financial stress. But he is among the few dedicated to solving it. Join Chipotle CEO Brian Niccol on CNBC Scream BoxSchulman called the large percentage of American workers who struggle to pay their bills each month a “national crisis.” The […]

On October 21, the Board of Directors of the National Credit Union approved a final rule by a 2-1 vote to expand the range of licensed activities and services in which credit union service organizations (CUSOs) can engage. Under the final rule, CUSOs will be allowed to create, buy, sell, and hold any type of […]

By Charlène Crowell (Trice Edney Wire) – As the annual holiday shopping and celebration season approaches, a leading federal financial regulator has released new research detailing how communities of color are not only being targeted by well-known types of predatory lenders , but new forms of fraud are seeking to exploit consumers plagued by the […]