RALEIGH, N.C./COLUMBIA, S.C.–Nearly 2,600 residents of North and South Carolina have been the beneficiaries of millions of dollars in benefits from credit unions that have improved lives and careers, according to the Carolinas CU League.
Fresh Today
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) and the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) have issued a joint alert to financial institutions advising them to be vigilant against efforts by individuals or entities to evade BIS export controls implemented in connection with the Russian Federation’s further invasion of Ukraine.
ALBUQUERQUE, N.M.–Robert Chavez, who has spent the past eight years as CEO at Sandia Laboratory FCU during a 22-year career with the CU, has officially retired.
WASHINGTON—The Consumer Financial Protection Bureau has issued an order terminating Payactiv’s Sandbox Approval Order relating to its earned wage access products.
PURCHASE, N.Y.— Mastercard debuted its Pay by Link payments feature at Money 20/20 Europe.
BASEL SWITZERLAND—Among other risks, cryptocurrency assets may have one particular large downside compared to the traditional financial system, the Bank for International Settlements (BIS) is cautioning
WASHINGTON—After threatening to break one man’s jaw among other threats and illegalities, the Federal Trade Commission said a lawsuit filed has led to one company and the man behind it being banned from the cash-advance industry and to pay a fine.
WASHINGTON—International law enforcement efforts related to digital assets must be increased, according to a new report from the Justice Department.
MADISON, Wis.–America’s credit unions held 12% of total household savings in April, the highest percentage in credit union history and up from 11.6% one year ago, 9.2% 20 years ago and 4.3% 40 years ago, according to CUNA Mutual’s newest Trends Report, which is based on data through April.
WASHINGTON–A merchants group is saying card swipe fees charged to Americans this July 4 weekend will cost the equivalent of “full pack of hot dogs” for “patriotic American families.”