ALEXANDRIA, Va.—The NCUA board will be hosting two meetings this week: a budget briefing and its regularly scheduled board meeting.
Fresh Today
WASHINGTON–Wells Fargo customers “are reporting fraud and scams on the bank’s Zelle platform at a rate that is nearly 2.5 times higher this year than it was in 2019, and the rate of reported fraud and scams this year is more than twice as high for Wells customers than it is for customers of other banks, according to a U.S. senator.
COLUMBUS, Ohio – KEMBA Financial Credit Union said it has paid a $525 inflation bonus to each of its 304 employees, while further announcing another bonus is also coming.
WASHINGTON—The 2023 threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans will increase from $28,500 to $31,000, the Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency announced.
EAST MILLINOCKET, Maine–Eastmill Federal Credit Union has named a new president and CEO to replace the retiring Dan Byron.
WASHINGTON—The dollar thresholds used to determine whether certain consumer credit and lease transactions in 2023 are exempt from Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing), the Federal Reserve Board and the Consumer Financial Protection Bureau announced.
OLYMPIA, Wash.–QCash Financial has announced partnerships with four new credit unions for its solution offering fast and efficient access to short-term, small-dollar loans.
WASHINGTON—A global framework for reporting crypto transactions has been published by the Organization for Economic Cooperation and Development (OECD).
ASTANA, Kazakhstan—Kazakhstan is getting ready to legalize a method for converting cryptocurrencies to cash if there is demand.
NEW YORK—Companies are saying they need more help when remitting payments to suppliers all over the world, according to a new survey.