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First National Bank Of Omaha Shutters NRA Visa Card

PYMNTS

First National Bank of Omaha announced that it is not renewing a contract with the National Rifle Association (NRA) to offer customers an NRA-branded Visa card. First National Bank of Omaha offered two NRA cards with a $40 bonus and promoted it as “enough to reimburse your one-year NRA membership!”

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First National of Omaha to drop NRA card partnership

Payments Source

Facing pressure to act on gun control laws, the bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card.".

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CFPB Fines FNBO $32M Over ‘Illegal’ Credit Card Practices

PYMNTS

The CFPB will collect more than $32 million in fines from First National Bank of Omaha over credit card practices the regulator found to be deceptive. The bank has $18 billion in assets, is based in Omaha, NE, and is a unit of First National of Nebraska Inc. The CFPB has ordered the bank to pay out $27.75

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CFPB highlights credit card complaints in fourth monthly complaint report

CFPB Monitor

The new report highlights credit card complaints and complaints from consumers in the Chicago, Illinois metro area. General findings include the following: As of October 1, 2015, the CFPB handled approximately 726,000 complaints nationally, including approximately 23,400 complaints in September 2015.

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Youth Sports: Don’t Wink At The Ref — Just Pay Them Faster

PYMNTS

Slovenia is due to see an instant payments platform launch from Bankart this month, while Malaysia has a new solution of its own, enabling instant credit transfers to bank accounts using details such as mobile phone numbers or national IDs. including one from TD Ameritrade , a Nebraska-based brokerage firm.

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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

The National Association of Realtors reported that sales of previously owned homes declined 2.4% Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards.

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US Bankcards Industry Benchmarking Trends: 2022 Q4 Update

FICO

Expectations from Visa are that the GDP will turn negative once again in Q1 and Q2 of 2023 leading The National Bureau of Economic Research to declare a recession. Increasing of the fed funding rates leads to higher interest rates when seeking new credit or carrying balances on credit cards. according to the Federal Reserve forecasts.

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