ATLANTA–A new report shows fraud attacks on mobile devices has, for the first time, outpaced that against desktops. The same analysis further found fraud has increasingly become borderless on a global scale with fraud attacking mobile devices.
Fresh Today
WASHINGTON–Just 25% of the country’s largest banks by number of branches promote automatic saving and offer savings accounts that are accessible and affordable to low- and moderate-income households, according to a new Consumer Federation of America (CFA) report.
ARLINGTON, Va.—New payments and money transfer platforms such as Venmo and Stripe are keeping banking executives up at night, a new study reveals.
DES MOINES, Iowa–While the Iowa Division of Banking announced its intent to block the sale of First American Bank’s remaining Iowa-based assets and branches to Green State Credit Union, the deal has actually closed, according to the parties involved.
PROVIDENCE, R.I.– A Massachusetts used car dealer has been arraigned in U.S. District Court and ordered detained, charged by way of indictment with allegedly participating in a wide-reaching conspiracy to defraud credit unions and other financial institutions in several states.
PORTSMOUTH, N.H.–The $3.8-billion Service Credit Union here has selected Credit Union Student Choice to provide its 293,800 members lending solutions for both private student loans and student loan refinance.
LOS ANGELES–When the clocks spring forward for Daylight Saving Time on Saturday night, it will mean one less hour of sleep for most people.
WASHINGTON—The U.S. Department of Homeland Security (DHS) has developed a cryptocurrency intelligence program aimed identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets.
NEW YORK—JPMorgan Chase is taking steps to open a digital bank in the U.K. by the end of the year.
WASHINGTON—Ahead of a House Committee on Appropriations subcommittee hearing on the Treasury Department's FY2021 Financial Services and General Government budget request, NAFCU urged the subcommittee to fully fund the Community Development Financial Institutions (CDFI) Fund at its current levels or above.