NEW YORK—Walmart is taking an even bigger step into the financial services marketplace by adding a new credit card to its offerings.
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SAN ANTONIO—Security Service FCU President/CEO Jim Laffoon has retired from the $14-billion institution, the credit union announced.
CHICAGO—Illinois Governor J.B. Pritzker (D) has signed legislation delaying the Interchange Fee Prohibition Act (IFPA) by one year, America’s Credit Unions reported.
BENTONVILLE, Ark.—With Walmart and Amazon actively considering launching their own stablecoins, one credit union insider suggests cooperatives need to be paying attention to the major retailers’ moves.
WASHINGTON—The Defense Credit Union Council has submitted a letter to the Senate Judiciary Committee outlining the unique role defense credit unions play in preventing fraud, particularly within military and veteran communities.
WASHINGTON—The budget reconciliation bill and the GENIUS Act remain top legislative priorities the trade associations acknowledged Monday morning as the House is in-district this week and the Senate remains in town for three days before leaving Thursday in observance of Juneteenth.
WASHINGTON--By unanimous consent, the Senate has passed legislation to ban abusive mortgage trigger leads, America's Credit Unions reported.
TALLAHASSEE, Fla.--Florida Gov. Ron DeSantis has signed credit union charter enhancement legislation, America's Credit Unions reported.
ALEXANDRIA, Va.—An audit of NCUA’s cyber information sharing reveals the agency needs to mature its governance processes.
BENTONVILLE, Ark.— Walmart and Amazon are actively considering launching their own stablecoins—a move that could disrupt the traditional payments system and potentially save the retail giants billions in transaction fees, the Wall Street Journal reported.