WASHINGTON–The Federal Reserve and Treasury have announced a proposed rule related to the Financial Crimes Enforcement Network (FinCEN) and changes to recordkeeping and travel rule regulations under the Bank Secrecy Act.
Fresh Today
ST. PETERSBURG, Fla.–PSCU has released its annual Eye on Payments study, and among the considerable findings is how COVID-19 has affected consumer decision-making around payments, with a premium on a safety.
MADISON, Wis.–The first ever virtual class of graduates has completed the Credit Union Development Educators (CUDEs) program from the National Credit Union Foundation.
WASHINGTON—The Consumer Financial Protection Bureau has issued an advance notice of proposed rulemaking (ANPR) requesting information related to consumer access to financial records.
ARLINGTON, Texas–There are a number of firsts in this year’s World Series, including the games being played at the same neutral site rather than at respective teams’ home stadiums, and the limited number of fans in attendance.
HENDERSON, Nev.–A wide variety of topics, issues and presenters were all part of the latest “Underground Collision of the Minds: Shift Happens” meeting, organized and hosted by Mitchell, Stankovic & Associates.
WASHINGTON–The first-ever student-run credit union remains on track to open in early 2021 at George Washington University.
QUITO, Ecuador–Officials with World Council of Credit Unions’ (WOCCU) Economic Inclusion Project and the Central Bank of Ecuador have signed a cooperation agreement to coordinate activities aimed at promoting financial inclusion among the Venezuelan migrant and refugee population, as well as vulnerable local residents in Ecuador.
WASHINGTON—Newly released data from the Federal Trade Commission reveal there has been a surge in reports from people who say they lost money to a scam that started on social media, including a spike of these complaints in the spring at the height of the COVID-19 pandemic.
NEW YORK—Goldman Sachs has reached an agreement with the U.S. Department of Justice to pay over $2 billion for the bank’s role in Malaysia's multi-billion-dollar scandal at state fund 1MDB, The Paypers reported.