Fresh Today

Fresh Today

WASHINGTON—Witnesses at a House Financial Services Subcommittee on Consumer Protection and Financial Institutions hearing here offered some kudos to credit unions for offering positive alternatives for payday lending to help end debt traps in the payday and small dollar credit industries.

HUDSON, N.H.–Thanks to an anonymous tip about someone near a credit union’s ATM, three men have been arrested here and charged with using bogus ATM cards to steal money from machines along the East Coast.

LONDON­–The Innovate Finance Global Summit 2019 here heard a perspective from an executive with the World Council of Credit Unions, who discussed the joint WOCCU/Asian Confederation of Credit Unions’ (ACCU) interoperable payment initiative connecting credit unions across Asia.