WASHINGTON—The CFPB has issued an order against Servicio UniTeller, an international remittance company, for multiple violations of the requirements governing electronic money transfers, including failing to refund customers after the company made money transfer errors.
Fresh Today
BOSTON–Driven by vaccination certificates, the need for identity checks in financial services, and the potential of the metaverse, governments across the world “realize the benefits and the importance of digital identity, enabling the technology to take off,” according to a new report from GlobalData.
LONDON—HSBC has been fined €82,000 by Malta’s Financial Intelligence Analysis Unit (FIAU) for violating local anti-money-laundering laws.
MEXICO CITY—Mexican families received a record high of $48.3 billion in remittances from January to October.
WASHINGTON–The new federal spending package includes a number of provisions that will affect how Americans and credit union members save for retirement, creates new powers around “emergency savings accounts,” and will also affect the options credit unions will be able to offer to their employees.
ALEXANDRIA, Va. – The Omnibus Appropriations package passed by Congress just before it concluded this session was a mixed bag for NCUA, which got some additional funding it has been seeking but was denied again on two items members of the NCUA board have made a priority.
ARLINGTON, Va.—Existing home sales declined 7.7% in November to a seasonally-adjusted annualized rate of 4.1 million units, marking the 10th straight month of declining sales and a 35.4% decrease in sales compared to last year.
NEW YORK–Credit unions can easily pull data to measure auto loans, but there’s another indicator during the holiday season of how well cars are selling—bow sales.
DOVER, Del.– Dover Federal Credit Union has named a new president and CEO.
EL PASO, Texas–evolve FCU hosted its 3rd annual “shoe story” event in partnership with Academy Sports and Outdoor in West El Paso.