Fresh Today

Fresh Today

LOS ANGELES–A former chief executive of a credit union who allegedly embezzled $40 million from his Studio City employer over the past two decades pleaded not guilty on Thursday to a federal criminal complaint charging him with siphoning off the funds to pay for gambling, expensive cars and watches and travel by private jet.

WASHINGTON—The CFPB’s director has indicated it will be proposing new rules on debt collection practices it says are designed to enhance the power of consumers in dealing with collectors. The objective is specifically aimed at providing a reprieve to consumers targeted by calls for debts they often don’t even know they owe.

LIVONIA, Mich.–A number of credit union organizations have announced the joint acquisition of credit union sector rights of AffirmX's patented risk management and compliance technology, and saying they have a goal of strengthening and expanding compliance solutions for credit unions nationwide, the group has formed the multi-league investment entity, AffirmXCU, LLC.