Credit unions who made claims under the Home Depot data breach settlement will begin receiving settlements payments from the company starting in January. A settlement was approved in September that included the creation of a $25 million fund by Home Depot and an agreement to strengthen its future data security measures.
The Consumer Financial Protection Bureau says that since the March release of its “Your Home Loan Toolkit,” the bureau has received inquiries from creditors and other housing professionals wanting to add their logos to the cover of the booklet.
As consumers age, their ability to manage money and other personal assets can become compromised, which has led to the Consumer Financial Protection Bureau’s latest bulletin, “Planning for diminished capacity and illness.”
Tom Davis, senior vice president with Card Services for Credit Unions, Tampa, Fla., provided an overview of the evolving digital payments landscape Monday for credit unions during his presentation at the CUNA Payments Roundtable Monday.
While financial institutions continue to focus on the execution of mobile payments, Ron Shevlin of Cornerstone Advisors urged participants at the CUNA Payments Roundtable to add value to the mobile experience.