NEW YORK— A Manhattan federal judge has ordered Eddy Alexandre and his company, EminiFX, to pay more than $228 million after the Commodity Futures Trading Commission (CFTC) accused them of running a Ponzi scheme tied to foreign exchange and cryptocurrency trading, Bank Info Security reported.
WASHINGTON--The Defense Credit Union Council has retained Elizabeth Eurgubian of Atlas Advocacy, the trade group announced.
WASHINGTON--Mortgage applications decreased 1.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Aug. 29.
VIENNA, Va.—Cybersecurity researcher Jeremiah Fowler has discovered that $181-billion Navy Federal Credit Union, the world’s largest CU, allegedly left a large cache of internal backup files exposed on Amazon’s cloud storage service.
WASHINGTON--Coming together for a fireside chat, America’s Credit Unions President/CEO Jim Nussle and incoming President/CEO Scott Simpson will share the stage at next week’s Congressional Caucus.
WASHINGTON--As the House Appropriations Committee meets Wednesday to mark up its FY26 Financial Services and General Government Bill, America’s Credit Unions called on the committee to address several credit union priorities in the bill.
WASHINGTON--America’s Credit Unions is urging the House Rules Committee to support adding an amendment that updates the Currency Transaction Reports (CTR) and Suspicious Activity Report (SAR) thresholds to the FY26 National Defense Authorization Act (NDAA).
SAN ANTONIO—RAI Partners, a leading fintech solutions provider, has added industry veteran Brian Scott as co-founder and chief growth officer.
COLORADO SPRINGS, Colo. – The $10.3-billion Ent Credit Union, the Official Banking Partner of the Denver Broncos, has introduced its latest fan-focused offering: a Bo Nix–branded debit card, available exclusively to members.
WASHINGTON—The Federal Reserve Board has finalized new individual capital requirements for large banks, effective Oct. 1, following its annual stress test. The requirements reflect the test’s forward-looking assessment of capital adequacy and risk.
