WASHINGTON—Count Christine Lagarde as among those who believe cryptocurrencies are disrupting the banking systems.
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WASHINGTON—Two international financial institutions – the International Monetary Fund (IMF) and the World Bank – are the latest to support cryptocurrencies.
MENLO PARK, Calif.—Facebook is pulling away from its plans to provide peer-to-peer money transfers via Messenger in Europe, according to a new report.
LOUISVILLE, Ky.–Cardinal Arena on the University of Louisville's campus will now be named after L&N FCU following a naming rights deal.
ALEXANDRIA, Va.–The Association of Credit Union Internal Auditors said it will hold its 29th Annual Conference and One Day Seminar in Denver June 18-21 at the Hyatt Regency Hotel.
DENVER—Western Union is partnering with cross-border payments network Thunes to enable customers to send funds directly into mobile wallets around the world.
ARLINGTON, Va.—Total retail sales increased 1.6% in March and the positive data indicate the economy will rebound in the second quarter, according to NAFCU Research Assistant Dhruv Singh.
ARLINGTON, Va.—Despite rebounding economic data, NAFCU’s Credit Union Sentiment Index (CUSI) fell for the third straight month in April, as three of its four components declined from the previous month. The sharpest decrease was in the lending score, which fell to the lowest level in its nearly two-year history.
WASHINGTON—The Federal Reserve is holding a webinar Tuesday on synthetic identity payments fraud, after reporting a similar webinar in the Fall of 2018 was “standing room only.” It has now expanded the event to one hour.
WASHINGTON—The percentage of small businesses with employees applying for financing from credit unions was flat, according to the latest Small Business Credit Survey — a joint effort by the 12 regional Federal Reserve Banks.