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NCUA grants third charter of 2023 while Maryland group aims to be next

American Banker

The National Credit Union Administration approved the Young Community Federal Credit Union to begin operations in Kentucky soon. An organization in Maryland is shooting for a 2024 opening.

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Tech Trade Group Pushes National, Not State Data Privacy Laws

PYMNTS

Dean Garfield of the Information Technology Industry Council — a trade group that represents Google , Microsoft and other tech companies — is calling for faster development of national privacy norms to avoid opposing state rules. Companies will also have a tougher time sharing and/or selling data on children under the age of 16. ”

National 100
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Proposal Would Allow SMBs To Get Another PPP Loan 

PYMNTS

Finance reported. “Many small businesses will continue to struggle in the weeks and months to come,” Senator Ben Cardin (D-Maryland) told Yahoo. To qualify, they must have spent or expect to exhaust their first PPP loan and can demonstrate a 50 percent revenue loss due to the COVID-19 pandemic, Yahoo!

Delaware 228
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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours

PYMNTS

Suzhou, located in East China's Jiangsu Province, is at the frontlines for China's push to enact a national digital currency. The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release. on Friday (Dec.

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Jobless Claims Rise To 1.4M After 15 Straight Weeks Of Declines

PYMNTS

Just as it has been heartbreaking to see the nation still struggling with the devastating and all too often deadly health aspects of the COVID-19 pandemic, the persistence of elevated new unemployment claims shows the toll the virus continues to take on the economy,” he said in a statement.

Georgia 188
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Eagle in Maryland sets table for turnaround

American Banker

The bank faced credit setbacks in the nation's capital and margin pressure this year. But it made a series of new hires to reduce risk and diversify its loan portfolio, preparing for a new era of demand as the industry awaits interest rate cuts.

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Amazon Wants Employees To Transfer To Grocery Work Due To Demand Increase

PYMNTS

In a message to its workers in the states of Maryland, California, Nevada and Tennessee, Amazon said Prime Now in particular had seen a sharp jump in the number of orders placed as of late and thus new opportunities for work were now available. Its services are available in 2,000 cities across the nation and are free for Prime users.

Nevada 185