LONDON–A forecast for payments in 2020 suggests traditional forecasts will play out differently next year.
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WASHINGTON—Crypto companies have filed 7,100 Suspicious Activity Reports (SAR) since May, America’s anti-money-laundering (AML) chief said at a recent banking conference.
WASHINGTON–The American Bankers Association said it is considering appealing to the Supreme Court a decision made by an appeals court that rejected its lawsuit against NCUA over its new field of membership rules.
ARLINGTON, Va.–The NCUA board’s decision to again delay its risk-based capital (RBC) proposal until 2022 should allow time for a couple of key questions to be addressed, according to NAFCU.
WASHINGTON–Consumers are being reminded by CUNA that decisions made in the Christmas present can go a long way toward keeping away the Ghost of Christmas Bills Future.
NEW YORK—Americans are projected to fall behind on their credit card bills at the highest rate in a decade as issuers push a record number of people to get plastic, a new report indicates.
WASHINGTON—A new report from the Government Accountability Office (GAO) on the Bank Secrecy Act (BSA) and Money Transmitter Accounts includes a recommendation to NCUA on improving examiners’ ability to evaluate BSA and anti-money laundering (AML) controls.
WASHINGTON–CUNA has filed a brief in the U.S. Supreme Court in the case Seila Law vs. CFPB that has to do with the constitutionality of the Consumer Financial Protection Bureau (CFPB).
LOS ANGELES – A man has been sentenced here for a string of robberies against credit unions—including two CU robberies he committed while out on bond awaiting trial on federal bank robbery charges.
VISALIA, Calif.–A California credit union has agreed to pay $450,000 to settle an Equal Employment Opportunity Commission lawsuit alleging it unlawfully passed over three senior female employees for its chief executive position in favor of a younger, inexperienced male applicant.