WASHINGTON—A group of lawmakers participated in a briefing here to gain insights into the Financial Crimes Enforcement Network’s (FinCEN) use of artificial intelligence and machine learning technology to detect illicit financial activity.
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PHILADELPHIA–Approximately 400 members of Philadelphia Federal Credit Union have had their accounts hacked as the result of a breach.
MINT HILL, N.C. - A man has pleaded guilty here to skimming more than $70,000 from credit union members at just one ATM.
ARLINGTON, Va.—President Trump's acting chief of staff and director of the Office of Management and Budget, Mick Mulvaney, and Federal Housing Finance Agency Director Mark Calabria, have announced they will address NAFCU's Congressional Caucus in Washington Sept. 8-11.
TUCKER, Ga.–GEMC Financial Credit Union has announced a name change. The CU, which is marking its 50th anniversary, is now Go Energy Financial. The credit union was founded to serve employees of Georgia Electric Membership Cooperatives.
WASHINGTON — The Consumer Financial Protection Bureau announced it has settled its lawsuit against Freedom Debt Relief, LLC, the nation’s largest debt-settlement services provider.
HAUPPAUGE, N.Y.—Twenty new credit unions became program partners with GrooveCar Direct in the second quarter of 2019.
HARRISBURG, Penn.– The total assets of credit unions in Pennsylvania have surpassed the $50 billion threshold for the first time.
ARLINGTON, Va.—The Financial Crimes Enforcement Network has been provided with recommendations NAFCU said are intended to strengthen the information shared between government agencies, law enforcement and financial institutions through FinCEN’s 314(a) program—and to better combat money laundering and terrorist financing.
DALLAS–Southwest Airlines FCU has named a new CEO to succeed the retired Charles (Chuck) Rutan. The credit union has selected Cynde Jones to lead the organization.