PURCHASE, N.Y.—Mastercard has partnered with U.K. based Fintech SumUp, a partnership that will increase the number of electronic payment acceptance locations across 27 European countries.
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CARSON CITY, Nev.—The state of Nevada has shifted its regulatory stance on cryptocurrency kiosks and now requires a state money transmission license.
TRENTON, N.J.—New Jersey has become the latest state to launch a task force dedicated to exploring blockchain use, after Governor Phil Murphy signed bill S2297 into law.
WASHINGTON–The FDIC has voted to reduce the number of banks and bank holding companies subject to the Volcker Rule, with reaction to the decision strongly divided.
SEOUL, South Korea — American troops and at least one credit union may have been among the victims of hackers who stole information from more than one-million U.S. and South Korean credit cards and listed it for sale on the dark web over the past three months, according to the U.S. military.
SAN FRANCISCO–With considerable conversation and debate around whether the U.S. is headed for a recession and when, one new analysis suggests if a slowdown is coming, it’s not in the “immediate” future.
WASHINGTON — The U.S. Court of Appeal for the D.C. Circuit’s has ruled in favor of almost all of NCUA’s 2016 field of membership (FOM) rule in a lawsuit filed by the American Bankers Association.
CHICAGO—Defense credit unions are well-positioned to lead the way on improving access to affordable financial services in underserved communities, NCUA Board Chairman Rodney Hood told defense CUs here.
CHICAGO—Five defense credit unions were recognized with Distinguished Service Awards by their respective branches of the armed services during the Defense Credit Union Council’s 56th Annual Conference here.
ATLANTA–Banks and credit unions here were victims of nearly $2 million in fraud as part of a scam involving paperwork for car loans on vehicles that didn’t exist, according to the U.S. Attorney’s Office for the Northern District of Georgia.