Fresh Today

Fresh Today

ALEXANDRIA, Va.—NCUA has sent a risk alert to credit unions warning the industry of the rise in business email compromise (BEC) fraud schemes and potential related losses. As CUToday.info recently reported here, the Financial Crimes Enforcement Network (FinCEN) has rolled out new efforts to curtail BEC fraud.

WASHINGTON—The U.S. Senate Committee on Banking, Housing and Urban Affairs recent hearing on cryptocurrency and blockchain technology regulation offered some insights on the practicality of implementing a cryptocurrency ban, as some have proposed.

DULUTH, Ga.– With college football season about to kick off,  Georgia United Credit Union has launched affinity Visa debit cards with its athletic partners, Georgia Tech and the University of Georgia (UGA).

WASHINGTON—Federal financial regulators, along with the Treasury’s Financial Crimes Enforcement Network (FinCEN), have issued a statement on risk-focused Bank Secrecy Act/Anti-Money Laundering (BSA/AML) supervision.

WASHINGTON—The latest jobs report – with 164,000 jobs gained in July – reveals the labor market is "growing, but slowly" – tracking with the overall economy, according to NAFCU Chief Economist and Vice President of Research Curt Long.