RALEIGH, N.C. – The nation’s second-largest credit union, the $50-billion State Employees’ CU, has named a new CEO.
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WASHINGTON—NAFCU and CUNA have joined with a group of financial trade associations, including the American Bankers Association, to request the Federal Reserve withdraw its recent proposal to amend Regulation II unless modified.
WASHINGTON—The Federal Trade Commission is urging the Federal Reserve System to clarify and strengthen the implementation of debit card fee and routing reforms to the Electronic Fund Transfer Act (EFTA).
CHICAGO–As the prevalence of digital fraud attempts on businesses and consumers continues to rise, fraudsters are re-focusing their efforts from financial services to the travel and leisure and gaming industries, according to TransUnion’s newest quarterly analysis.
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has published a report detailing 16 large mortgage servicers’ COVID-19 pandemic response, including how they have handled incoming calls.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) convened a virtual FinCEN Exchange with representatives from financial institutions, technology firms, third-party service providers, and federal government agencies to discuss ongoing concerns regarding ransomware, as well as efforts by the public and private sectors.
SNELLVILLE, Ga.– The African-American Credit Union Coalition (AACUC) said it will recognize Pablo DeFilippi, Angela Russell and Maurice Smith as Diversity, Equity, and Inclusion (DEI) Trailblazers during a ceremony at its Annual Virtual Conference.
WASHINGTON–The Federal Deposit Insurance Corporation has requested that four companies submit proposals as part of the next phase of the agency’s on-going Rapid Phased Prototyping Competition (RPP) in order to accelerate the adoption of modern technological tools.
RALEIGH, N.C.–North Carolina has suspended online used-car retailer Carvana Co. from selling cars in the Raleigh market until January of 2022 after a state investigation determined the company failed to deliver titles to the motor vehicle department and sold cars without state inspections.
ALEXANDRIA, Va.—NCUA has sent a Letter to Credit Unions (21-CU-08) detailing the agency's transition to modernized systems. The agency said it will begin this transition in August.