WASHINGTON–The CFPB has assessed a $1.1-million civil money penalty against Xerox Business Services, LLC, now called Conduent Business Services, for software errors that led to incorrect consumer information about more than one million borrowers being sent to credit reporting agencies.
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RANCHO CUCAMONGA, Calif. – Additional details around CO-OP Financial Services’ THINK 18 meeting have been released.
MADISON, Wis.–The World Council of Credit Unions is objecting to a plan that recommends the best way to resolve financially weak credit unions and other co-ops is to simply demutualize them.
HARRISBURG, Penn.–State Representative Kristin Phillips-Hill (R-York County) held an event here on legislation she is backing that seeks to crack down on the use of credit and debit card skimmers.
WAYNE, N.J.—Two New Jersey credit unions with exposure to taxi medallion loans experienced additional deterioration in their financial performance, one analyst is reporting.
WASHINGTON–Federal Reserve Chairman Janet L. Yellen has submitted her resignation Monday as a member of the Board of Governors of the Federal Reserve System, effective upon the swearing in of her successor as chair.
HAUPPAUGE, N.Y.–GrooveCar is reporting it continues to see steady growth in its CU Xpress Lease program.
RIVERDALE, Utah —America First Credit Union is again inviting its members to skip a loan payment during the holiday months and provide shoes for children in need.
DES MOINES, Iowa–Compliance can actually be a friend to innovation, according to a new white paper.
LONDON—Barclays has raised the stakes in mobile banking by launching My Personal Bank for its U.S. customers.