SAN FRANCISCO–An increasing number of small merchants are turning to Square for loans.
Fresh Today
WASHINGTON—The Financial Industry Regulatory Authority (FINRA) announced that it has fined Morgan Stanley Smith Barney LLC $10 million for anti-money laundering (AML) program and supervisory failures that spanned a period of more than five years.
CHARLESTON, S.C.—Just 59% of cardholders have paid off their balance transfers before the end of the introductory period, according to a new survey from CompareCards.
BAKU, Azerbaijan–Credit unions have the opportunity to make a significant contribution to the development of the Azerbaijan’s agricultural sector, according to one CU official here.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) is requesting public nominations for members to serve on its Bank Secrecy Act (BSA) Advisory Group.
WASHINGTON–As the partial government shutdown stretches into 2019, new estimates suggest as many as 800,000 people may be affected and will miss regularly scheduled paychecks. For many, credit unions may be the only means of assistance, although some non-profit groups are also exploring ways to help.
WASHINGTON—Although Congress passed—and the president signed—an extension of the National Flood Insurance Program (NFIP) to May 31 before it was set to lapse in late December, FEMA has notified insurers and insurance agents that it is not able to sell or renew policies backed by the NFIP due to the partial government shutdown.
WASHINGTON—The Financial Stability Oversight Council (FSOC) in its 2018 Annual Report stated that the credit union industry posted relatively strong performance due to solid loan demand and a strengthening economy.
ALEXANDRIA, Va.--NCUA issued one prohibition order and one prohibition notice in December.
WASHINGTON—The FBI is warning about a new form of fraud that targets companies, schools and nonprofits around the United States.