ALEXANDRIA, Va.–NCUA is revising its Credit Union Profile form to collect information it says will help examiners determine federally insured credit unions’ (FICUs) exposure to LIBOR – the London Interbank Offered Rate – and their readiness to deal with its discontinuation after 2021.
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WASHINGTON—Credit unions are being reminded the Financial Crimes Enforcement Network (FinCEN) is paying closer attention to BSA compliance.
PORTLAND, Ore.—About half of all risky online transactions appear to be coming from a mobile device, according to a new report.
MILWAUKEE, Wis.–Corporate Central’s first-ever Digital Marketing Forum attracted credit union professionals from all over the Midwest for discussions that coveredsocial listening and online brand reputation, mobile marketing strategies, paid search advertising strategies (geofencing, digital display, and online video/radio), digital storytelling, and gamification, and more.
CANBERRA, Australia—Facebook could be forced to divulge details of its proposed cryptocurrency amid concerns over its potential effect on Australia's national security and banking, a new report indicates.
BENTONVILLE, Ark.—Walmart is expanding Walmart2World — the cross-border transfer service it launched last year with MoneyGram — by enabling consumers to choose to use legacy remittance firm Ria as well as MoneyGram, the company stated.
NEW YORK—Two new surveys offer new insights into prepaid cards and the use of finance apps.
DUBLIN, Ireland–The second-largest credit union in Ireland has been hit with a sizeable fine for breaching its long-term lending limits and for paying one of its board directors.
NEW YORK–Just how underwater some people are getting in their auto loans—including at credit unions–was made clear in a new report that illustrates the dangers of rolling one auto loan into another (and sometimes, another).
BOSTON—A new report reveals the use of mobile wallets by U.S. consumers has rebounded to 2016 levels or higher after a two-year decline.