NEW YORK—Credit union members are becoming increasingly concerned about protecting their data, reveals a new study that also shows a high percentage of CUs are planning to offer biometric authentication or digital identity in the next three years.
Fresh Today
WASHINGTON—The firing of NCUA Democratic Board Members Todd Harper and Taya Otsuka are driving a great deal of conversation on Capitol Hill, the Defense Credit Union acknowledged.
WASHINGTON— House Democrats are urging Treasury Secretary Scott Bessent to exempt the Community Development Financial Institutions (CDFI) Fund from a recent executive order that mandates reduced operations, ABA Banking Journal reported.
WASHINGTON--Congress is out on recess for one more week, but America’s Credit Unions, leagues, and credit unions are engaging with lawmakers in their home districts and in Washington to fight for credit union priorities, ACU said.
LAKELAND, Fla.—The $8.1-billion MIDFLORIDA Credit Union here has agreed to buy $924-million Prime Meridian Bank, based in Tallahassee, Fla.
CINCINNATI—The auto industry is in somewhat of “chaotic” state this year, with uncertainty being driven by more than just Trump tariffs, according to one automotive industry expert.
WASHINGTON—Capital One has secured approval from both the Federal Reserve Board and the Office of the Comptroller of the Currency to acquire and merge with Discover Financial Services, the agencies announced Friday, CNN reported.
WASHINGTON—There could be a "loosening" of crypto-related rules financial institutions’ future, according to Federal Reserve Chairman Jerome Powell.
NEW YORK— A new study reveals that the U.S. accounted for 90% of global bank fines imposed in 2024.
NEW YORK—Metal bank cards are no longer just stylish status symbols for the ultra-wealthy. The latest generation now integrates biometric authentication and tap-to-verify technology, enabling users to approve transactions instantly, PYMNTS.com reported.