HOUSTON – Five local men have been taken into federal custody on charges they conspired in a large-scale mail theft and credit card fraud scheme resulting in more than $1.2 million in losses, announced U.S. Attorney Alamdar S. Hamdani.Authorities arrested ...

Visa, Inc. specializes in issuing and marketing payment cards. The group's activity is organized essentially into two areas: - sales of means of payment: credit cards, debit cards, on-line payment cards, prepaid cards, etc. (Visa, Visa Electron, PLUS, Interlink and ...

Maine-based NorState Federal Credit Union will receive debit and credit card processing services and support from credit union service organization (CUSO) PSCU. PSCU will provide processing to the credit union’s more than 14,500 members beginning in the fall of 2024, ...

PenFed Credit Union joins 4 +1 commitment supporting military spouse employment TYSONS, VA (December 7, 2023) — PenFed Credit Union, the nation’s second-largest federal credit union, today announced it joined as an initial signatory of Blue Star Families and the ...

On October 27, the US Departments of Treasury, Labor, and Health and Human Services (the Departments) issued new proposed rules intended to revamp the negotiation and arbitration proceedings established under the No Surprises Act (the Act). Under the proposed rule, ...

Chicago-based credit reporting company TransUnion is laying off 339 employees beginning in February as part of a broader cost-savings initiative and a move to ship jobs overseas.Last month TransUnion announced plans to cut up to $140 million in annual operating ...

Dive Brief: Sen. Elizabeth Warren, D-Massachusetts, urged the Consumer Financial Protection Bureau last Thursday to finalize a rule that would cap the amount credit card issuers can charge consumers in late fees.  Credit card companies charge up to $41 for ...

Five Republican senators on the Senate Banking Committee called on Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg to step down over allegations that he fostered a culture that was hostile and damaging toward women. In a Thursday letter, Sens ...

Starting in mid-2024, Illinois hospitals will be required to take a much more active role in limiting consumers’ medical debt by screening all consenting uninsured patients for both public health insurance program coverage and hospital financial assistance eligibility as soon ...