CrossState Blog

Aug 5, 2022

FTC Returns More Than $1 Million To Consumers Harmed by Global Asset Financial Services’ Phantom Debt Collection Scheme 

The Federal Trade Commission is sending payments totaling more than $1 million to 1,966 consumers who were harmed by a debt collection scheme that conned…

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Aug 5, 2022

Fed Announces Individual Capital Requirements for All Large Banks, Effective October 1 

Following its stress test earlier this year, the Federal Reserve Board announced Thursday the individual capital requirements for all large banks, effective on October 1. …

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Aug 5, 2022

NCUA: New Missouri Credit Union Will Offer Services to a Low-Income Community 

The National Credit Union Administration (NCUA) has granted a federal charter and Share Insurance Fund coverage to WeDevelopment FCU in Kansas City, MO.  WeDevelopment will…

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Aug 5, 2022

CFPB Warns New Risks Emerge as Line Between Payments and Commerce Blurs 

The Consumer Financial Protection Bureau (CFPB) announced Thursday that recent innovations across the payments ecosystem include the growing presence of Buy Now, Pay Later (BNPL) offerings, embedded…

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Aug 5, 2022

7 Key Considerations for Selecting an MDR Provider for Your Financial Services Organization 

Cybersecurity attacks are prominent nowadays, with cybercriminals motivated to steal personally identifiable information (PII) and leverage this information for financial gain. As financial institutions frequently…

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Aug 5, 2022

GOP Challenger Loans Campaign $100k in Bid to Unseat Rep. Norcross in NJ CD1 

Fresh off an internal poll, conducted by a firm that has been accurately predicting New Jersey elections, that has her within five points of incumbent…

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Aug 5, 2022

NFIB Backs Kean in Battleground NJ CD7 

The National Federation of Independent Businesses (NFIB), the country’s primary small business advocacy organization, announced their endorsement of former state Senate Minority Leader Tom Kean…

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Aug 5, 2022

Pennsylvania Lottery Generates More than $1 Billion for Programs that Benefit Older Pennsylvanians for 11th Consecutive Year 

Pennsylvania Lottery officials today announced that the Lottery generated a profit of nearly $1.2 billion to benefit older Pennsylvanians during the 2021-22 fiscal year. This…

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Aug 5, 2022

NJ Senate President Names New Majority Office Executive Director  

New Jersey Senate President Nick Scutari (D-Linden) announced the appointment of Timothy Lydon as the new executive director of the Senate Majority Office. Lydon, who…

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Aug 5, 2022

Wolf Administration: Hunger-Free Campus Initiative Helps College Students Access Free Nutritious Food Options 

First Lady Frances Wolf and Acting Secretary of Education Eric Hagarty joined students, faculty, and vested partners at Millersville University to announce the Hunger-Free Campus Initiative to help students…

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