WASHINGTON—CUNA has written to members of Congress who have roles in appropriations expressing support for $50 million in funding for the U.S. Agency for International Development’s Cooperative Development Program (CDP) for fiscal year 2023.
Fresh Today
NEW ORLEANS—A Fifth Circuit Court panel is questioning whether a U.S. Supreme Court ruling requires the Consumer Financial Protection Bureau to invalidate a 2020 payday rule and to restart the process of new payday loan regulations.
CARSON CITY, Nev.–The Nevada Credit Union League is partnering with the Nevada Attorney General’s Office and Nevada Bankers Association to combat and prevent imposter banking scams by raising consumer awareness on how Nevadans can protect themselves.
LINTHICUM, Md.–State Employees Credit Union of Maryland announced that in conjunction with hitting $5 billion in assets it is also pledging $1 million in community impact grants.
JACKSONVILLE, Fla. — Two more Florida credit unions have announced plans to merge.
WASHINGTON –Student Defense, the Project on Predatory Student Lending, and the National Consumer Law Center filed a lawsuit against U.S. Education Secretary Miguel Cardona and the Department of Education on behalf of student loan borrowers with unresolved Borrower Defense to Repayment claims.
MILWAUKIE, Ore.–The Healthcare Credit Union Association has updated its website with a new look and functionality.
LONDON—Removing your wallet or phone to pay for things just too much work for you? Good news. Consumers may be able to skip that step entirely, thanks to a new implantable payment chip.
MOSCOW— Russian and Chinese entities that provide alternatives to Visa and Mastercard payment networks may be reaping significant benefits from sanctions the West imposed in response to Russia’s invasion of Ukraine, according to one new analysis.
PARIS—While countries around the world have made “huge progress” in tackling money laundering, there remains considerable work to be done, according to the Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog that has published a report on the state of effectiveness of and compliance with the FATF anti-money laundering standards.