WEST PALM BEACH, Fla.–A member of the Palm Beach County School Board has been arrested by the FBI on federal bribery charges related to a bitcoin scheme that took down a New Jersey credit union.
Fresh Today
FOSTER CITY, Calif.—Chip cards are already deterring fraudsters at the point of sale, with Visa reporting that some of the biggest merchants are seeing a dip of more than 18% in counterfeit transactions.
CHARLOTTE, N.C.–Virtual StrongBox has been issued a third patent, this time for protecting the company’s state-of-the-art technology, which allows users to securely select, view and store private documents on mobile phones and other digital devices
PHOENIX—FBI officials are reporting a dramatic rise in the business email compromise scam or “B.E.C.,” a scheme that targets businesses and has resulted in massive financial losses in Phoenix and other cities.
EDWARDS, Calif.–Stan Turner, CEO of the $179-million Edwards FCU here, is retiring effective April 30 after a decade of leading the credit union.
RUTLAND, Vt. – A man who allegedly attempted to steal cash from an ATM/night deposit box at Green River Credit Union here last year by ramming the machine with a tractor has been arrested.
MERIDEN, Conn.–The Connecticut Credit Union League honored three people for their outstanding contributions to the CU Community during its annual meeting here. Board election results were also announced.
BROOKFIELD, Wis.—Fiserv announced an agreement with Cisco to deliver communications solutions that the companies said will help financial institutions enhance internal collaboration and drive customer engagement.
PHOENIX–Royal Credit Union won the Audience Choice Award and the $10,000 that goes with it during the NACHA Challenge, as part of NACHA’s PAYMENTS 2016 meeting. Wisconsin-based Royal CU was one of three finalists for the award.
HARRISBURG, Penn.–The state of Pennsylvania is forming a state government financial information exchange as part of an effort to boost financial literacy.
