THE HAGUE, Netherlands—A complex transnational organized cybercrime network that used GozNym malware in an attempt to steal an estimated $100 million from unsuspecting victims in the United States and around the world has been dismantled as part of an international law enforcement operation, according to the U.S. Department of Justice.
ROCKY HILL, Conn.–Connecticut has been ranked fourth among states for being innovative in a new analysis, and one credit union here said it has looked to be among the innovation leaders in the state.
BRIDGETOWN, Barbados–A senator here is calling on this country’s Financial Services Commission (FSC) to extend deposit insurance protection to credit unions.
WASHINGTON–An oft-cited statistic in credit unions, that half of all Americans do not have $400 to cover an emergency–has seen a bit of an '"improvement" in new data released by the Fed.
WASHINGTON—The House has passed legislation that would roll back efforts at the CFPB that were implemented under former Acting Director Mick Mulvaney. Prior to the bill's passage, an amendment to reinstate the Bureau's arbitration rule was added.
WASHINGTON–The House has passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which would make it easier for small businesses to band together to offer 401(k) plans and eliminate the maximum contribution age on traditional individual retirement accounts, which is currently 70.5.
WASHINGTON—Members of the Federal Open Market Committee (FOMC) viewed factors such as strength in the labor market, improved consumer confidence and diminished downside risks as "likely to support solid growth over the remainder of the year," according to minutes from the committee's April-May meeting.
NEW YORK—With the refresh of its Blue Cash Preferred credit card, American Express is looking to get into Millennials' wallets, a new report says.
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services has announced the results of its board officer elections.
DENVER–CULedger is reporting it has expanded its partnership with enterprise software firm R3 to further support domestic and cross-border payments for credit unions using the Corda blockchain platform.
