Fresh Today

Fresh Today

PUNE, India—Following an FBI warning to financial institutions about an upcoming ATM cash-out scheme, India-based Cosmos Bank disclosed that on Aug. 11 hackers stole nearly $2 million in fraudulent bank transfers and $11.5 million in authorized ATM withdrawals, according to Krebs on Security.

WASHINGTON—Touting the financial literacy and community outreach efforts of credit unions, NAFCU Vice President of Legislative Affairs Brad Thaler has written to senators to highlight the credit union industry’s “deep commitment” to their members' financial well-being.