PURCHASE, N.Y.—Mastercard is reporting it has built its own proprietary generative artificial intelligence model it said is designed to help its issuer financial institutions detect and root out fraudulent transactions.
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WASHINGTON—The Consumer Financial Protection Bureau is reporting it has resolved an appeal in a long-running enforcement suit against an alleged foreclosure relief scam operation for $12 million in consumer redress and penalties.
SANTA CLARA Calif.–More leadership positions for which credit unions are seeking candidates have been added to CUToday.info’s free job board, The Gig.
SALT LAKE CITY– CU4Kids has added two new fundraising events to its lineup.
WASHINGTON—The Federal Trade Commission is being urged to address a variety of concerns on its draft order and notice of proposed rulemaking on revocation of consent for robotexts.
NEW YORK – New York’s Attorney General Office has secured a large court judgment against three merchant cash advance companies.
WASHINGTON—While market analysts and economists, including within credit unions, continue to forecast rate cuts in 2024, the newly released minutes from the Federal Reserve’s January meeting make clear there are concerns over moving too soon.
COSTA MESA, Calif.–Five fraud threats in 2024 that both consumers and businesses should be aware of have been released as part of Experian’s 2024 Future of Fraud Forecast.
ALEXANDRIA, Va.— NCUA is being asked to “further enhance” its budget transparency.
WASHINGTON—The Treasury Department has been told what financial inclusion means when it comes to credit unions.