VENTURA Calif.–Ventura County Credit Union is now facing at least two class action lawsuits related to a 2022 breach that affected as many as 82,000 members, a breach the lawsuit alleges the credit union did not disclose for six months.
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WASHINGTON–The CFPB said it has entered into a proposed multi-billion-dollar settlement with a ring of corporate entities operating what it called some of the largest credit repair brands in the country, including Lexington Law and CreditRepair.com.
SACRAMENTO, Calif.—Representatives of Nevada’s credit unions met with two elected officials, with one representative offering to set up a meeting between credit unions and one of the nation’s leading universities on the issue of artificial intelligence.
NEW YORK—The total value of fines assessed banks and financial services firms across the globe for financial crime violations declined in the first half of this year, but experts are saying it isn’t because regulators are going easy on wrongdoers, according to a new report.
NEW YORK—A new report indicates almost three-quarters of Americans expect the costs of sending kids back to school this year to be a “challenge.”
SYRACUSE, N.Y.–Visions Federal Credit Union partnered with Syracuse University’s Office of Veterans and Military Affairs (OVMA) to launch the Visions Student Veteran Success Program at Veteran and Military Connected Student Orientation.
SWEETWATER, Fla.–NCUA has approved Dade County FCU to expand its field of membership into Broward County, Fla., adding nearly two-million potential members. Broward County, anchored by Ft. Lauderdale, is just north of Dade County, which is home to Miami.
QUITO, Ecuador— Nearly 40% of Venezuelan refugees and migrants who arrived in Ecuador with professional certifications are still unemployed, with just 19% successfully revalidating those certifications in their new host country, according to a new research study conducted by the USAID/World Council of Credit Unions (WOCCU) Economic Inclusion Project (EIP).
NEW YORK—A fintech that promoting crypto returns of nearly 3,000% has been hit with a $1 million fine by the SEC.
DOTHAN, Ala.– Five Star Credit Union said it is reaching across state lines and acquiring Macon, Ga.-based OneSouth Bank, the $215-million banking subsidiary of OneSouth Financial of Blakely, Ga.