NEW YORK – New York Attorney General Letitia James has sued Early Warning Services, LLC (EWS), operator of the Zelle payment network, alleging it failed to protect users from rampant fraud that stole more than $1 billion between 2017 and 2023, James' office announced.
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DETROIT —AlumniFi, the digital banking platform of Michigan State University FCU, has expanded its partnership with the United Soccer League’s Detroit City Football Club, MSUFCU reported.
DORCHESTER, Mass.—The $432-million Boston Firefighters Credit Union has named Danielle Milner president and CEO, the organization announced.
‘JACKSON, Mich.– The $667-million American 1 Credit Union has partnered with the Michigan Department of Corrections to provide financial education to incarcerated individuals at Parnall Correctional Facility as they prepare for reentry into society.
NAPERVILLE, Ill.— Credit unions and their supporters rallied once again for the annual #ILoveMyCreditUnion Day, turning social media into a powerful stage for the movement, the Illinois Credit Union League reported.
PROVIDENCE, R.I.—Small and midsize businesses that prioritize financial insight are seeing stronger outcomes, according to the fourth annual Citizens Business Report Survey from Rhode Island-based Citizens Bank.
WASHINGTON--The Department of Justice, acting on behalf of the NCUA and the Administration, opposed an expedited appeals process sought by Todd Harper and Tanya Otsuka in a filing this week, America’s Credit Unions reported.
WASHINGTON--Mortgage applications increased 10.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Aug. 8.
PROVIDENCE, R.I.—With the Consumer Financial Protection Bureau and Federal Trade Commission pulling back on rulemaking and enforcement, states are stepping in with more stringent cybersecurity mandates for financial institutions—many of them mirroring the framework established by the New York Department of Financial Services (NYDFS).
CANON CITY, Colo.—Three people have been arrested in connection with the theft of $68,000 from an ATM at Power Credit Union here, KRDO reported.