CEO of Family First Credit Union resigns following ‘Lake America’ AI image

CEO of Family First Credit Union resigns following 'Lake America' AI image

The CEO of Family First, a credit union based in Michigan, has departed from the company following a controversial post. She shared an AI-generated image of her family wearing “Lake America” sweatshirts during a trip to Canada, which incited backlash online. In a heartfelt Facebook post announcing her departure, Family First expressed regret for the […]

Visa Takes Steps to Fix Meme Coin Credit Card Rewards Gap

Visa Takes Steps to Fix Meme Coin Credit Card Rewards Gap

In brief Visa is taking steps to address a loophole in Crossmint checkouts, where meme coin purchases via credit cards were incorrectly processed under a code intended for digital media. This action follows a dispute from Chase, which claimed that one transaction was misclassified and ineligible for rewards; the New York Attorney General’s office is […]

Gavin Newsom approves a new tax credit in California to prevent Hollywood jobs from leaving the state.

Gavin Newsom approves a new tax credit in California to prevent Hollywood jobs from leaving the state.

Governor Gavin Newsom is introducing a new multimillion-dollar initiative aimed at supporting Hollywood. This program is particularly focused on retaining editors, visual effects artists, and various behind-the-scenes professionals in California. On Friday, Newsom signed Assembly Bill 2319 at the Television Academy in North Hollywood, establishing what advocates are calling a groundbreaking tax credit specifically for […]

DoppelCart counterfeit stores take your credit card information and banking codes

DoppelCart counterfeit stores take your credit card information and banking codes

Google general counsel addresses the rise of AI-fueled phishing Halimah Delaine Prado, who serves as Google’s General Counsel, has shed light on the surge of AI-based phishing scams that are emerging from what she’s termed as China’s “outsider enterprise.” These scammers are leveraging artificial intelligence to craft incredibly realistic fake websites that impersonate well-known brands […]

Research Shows That Credit Card Loyalty Is More Delicate Than It Appears

Research Shows That Credit Card Loyalty Is More Delicate Than It Appears

The Switching Trigger: Understanding Consumer Behavior in Credit Card Choices It’s interesting how quickly a preferred credit card can slip from the top spot in your wallet. One moment it’s the go-to choice, and the next, it seems forgotten—sometimes before an issuer even realizes what’s happening. A recent report dives into this phenomenon. It discusses […]

New York Fed reports varied delinquency rates for credit cards and auto loans

Improve your credit score in 30 days: Expert offers simple solutions to reduce stress

Federal Reserve Bank Data on Delinquency Rates Recent statistics from the Federal Reserve Bank of New York reveal a mixed picture regarding consumer debt. While the overall rates of delinquency have shown improvement, there’s been a slight uptick in delinquencies related to auto loans and home loans. Additionally, credit card delinquency rates remain persistently high. […]