WASHINGTON—The Conference of State Bank Supervisors (CSBS) is encouraging state adoption of the Uniform Money Transmission Modernization Act as part of an effort to modernize the state financial regulatory system.
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NEW YORK—Global financial services firms spent more than $2 million on average recovering from a ransomware attack last year, according to new analysis from Sophos.
WASHINGTON—While the proposal has been dropped after one congressional committee’s vote on a bill, both CUNA and NAFCU have joined dozens of organizations in calling on Congress to continue oppose any efforts to increase Internal Revenue Service reporting requirements by financial institutions.
BOSTON–America’s small and medium-size businesses (SMBs) are reporting they continue to face “significant challenges” in trying to rebound from the ongoing coronavirus pandemic.
LONDON—A new report offers another reminder on the link between debt and mental health.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued a notice calling attention to an increase in online child sexual exploitation (OCSE).
TAMPA, Fla.–To mark the opening of its 75th branch, this one in the Fruitville Service Center in Sarasota, Suncoast Credit Union said it will donate $75,000 to local non-profits across its service area through its “$75k in 75 days Charitable Giving Celebration.”
TALLAHASSEE, Fla.–FLAG Credit Union has received a $125,000 and plans to create a new position and take other steps after being approved for a Technical Assistance Grant fromTreasury’s CDFI Fund.
BROOKFIELD, Wis.–Fiserv has topped the 2021 IDC FinTech Rankings of the leading global hardware, software and service providers to the financial services industry.
COSTA MESA, Calif.—Despite difficult times for many Americans' finances during the coronavirus pandemic, average credit scores have continued to climb to a 13-year high, a new study shows.