PURCHASE, N.Y.—MasterCard reports that it has failed to reach a settlement with Target Corp over claims related to the 2013 data breach at the retailer due to a key condition not being met.
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ALEXANDRIA, Va.—NCUA plans to make adjustments to business lending rules to streamline the process for CUs and to remove limits in some areas.
WASHINGTON—In a party-line 12-10 vote after mark-up Thursday, the Senate Banking Committee approved the “Financial Regulatory Improvement Act,” a draft regulatory relief bill authored by committee Chairman Richard Shelby (R-AL).
SUMTER, S.C.—An ATM was stolen from SAFE Federal Credit Union here.
WASHINGTON — The Federal Reserve is not likely to raise rates at its June meeting, but it has indicated it might not wait much longer after that to push up its benchmark interest rates.
WASHINGTON—NAFCU and CUNA Wednesday sent a letter to Sen. Mike Crapo (R-ID) supporting his stand against Operation Choke Point.
SEATTLE—Hackers are stealing money from consumers’ payment cards via Starbucks gift cards.
MADISON, Wis.—CUES is seeking nominations for the 2015 CUES Next Top Credit Union Executive.
MADISON, Wis.—Nominations are now being accepted for the Herb Wegner Awards, which are presented by the National Credit Union Foundation.
DES MOINES, Iowa—The Members Group has enrolled 25% of its issuer clients in Apple Pay, accounting for roughly 10% of all financial institutions enrolled in the new payments solution, TMG said.