WASHINGTON–The Financial Crimes Enforcement Network (FinCEN) has announced new efforts to curtail and impede Business Email Compromise (BEC) scammers and other criminals who profit from their schemes.
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MADISON, Wis./WASHINGTON–Young credit union members deposited more than $15 million into their savings as part of this year’s National Youth Savings Challenge, which was held during National Credit Union Youth Month in April.
MADISON, Wis. – The National Credit Union Foundation is reminding the deadline is approaching for credit union supporters to nominate individuals and organizations for the Herb Wegner Memorial Awards.
DOTHAN, Ala.–Five Star Credit Union here has purchased the Gander Mountain store building here to become its new headquarters. The credit union paid $4 million for the facility.
PORTSMOUTH, N.H.– Service Credit Union said it is partnering with the Veteran Entrepreneurial Training and Resource Network (VETRN) to host a “Streetwise MBA” program for veteran business owners at its corporate headquarters this fall.
DUBUQUE, Iowa—Dupaco Community Credit Union has posted an update on the progress of participants in its third annual Great Credit Race this spring.
RIVERWOODS, Ill.—Discover, which in addition to its credit cards runs an online bank, announced it will no longer charge any fees for its roughly one-million banking customers.
WASHINGTON—The International Monetary Fund (IMF) in a new report says digital currencies could replace traditional cash and bank deposits, citing the rapid rise in adoption of cryptocurrency.
HAMPSHIRE, U.K.– New data from Juniper Research is forecasting the volume of domestic money transfers via mobile devices will exceed 203-billion in 2024, up from 130 billion in 2019. Domestic P2P payments will drive this growth; accounting for 80% of all domestic transfers in 2024, Juniper Research said.
LOMPOC, Calif.–The former CEO of CoastHills CU here has issued a statement saying the credit union has wasted time and money on “failed mediation” related to his departure and that the CU’s board has little “understanding of its purpose.”