FARNBOROUGH, U.K.—Need for human investigators to manually sift through money laundering alerts is slowing the fight against fraud, a new report indicates.
Fresh Today
SAGINAW, Mich.–Many credit unions host shred days, while others have mobile ATMs. But Team One Credit Union here may be the first with a mobile branch that ALSO offers shredding services.
WASHINGTON—The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has released guidance, issued in the form of frequently asked questions, explaining that transactions involving cryptocurrencies will be treated the same as other transactions.
WASHINGTON—The House voted to advance two more tax-related bills that are part of a group of bipartisan bills passed earlier by the House Ways and Means Committee.
MEDFORD, N.Y.–A vice president at Suffolk Federal Credit Union is again running seven marathons in seven days to raise funds for veterans.
NEW YORK–Credit unions’ relationship with auto dealers is a keystone in their auto lending business, but the business of auto retailing is changing.
ALBANY, N.Y.—New York Attorney General Eric T. Schneiderman has launched the Virtual Markets Integrity Initiative, a fact-finding inquiry into the policies and practices of platforms used by consumers to trade virtual or cryptocurrencies like Bitcoin and Ether.
ANAHEIM, Calif.–NACUSO has named the winner of its Next Big Idea competition here.
WASHINGTON—Credit unions and a consumer group have again found themselves on opposite sides of an issue. Both credit union trade groups have expressed support for congressional action that would dial back CFPB rules around indirect auto loans.
ALEXANDRIA, Va.—The NCUA board today will discuss final rules on capital planning and stress testing, and advertising provisions at its open board meeting.