HONG KONG—Hong Kong and Shanghai Banking Corporation (HSBC) — the biggest bank in Hong Kong — has reportedly introduced its first local cryptocurrency services.
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LONDON—Several banks are in advanced discussions with British law enforcement and government agencies to establish two “groundbreaking” pilot programs aimed at sharing intelligence on significant financial crimes such as money laundering and terrorism financing.
PURCHASE, N.Y.—Mastercard has filed a trademark application for a series of cryptocurrency and blockchain-based tools.
ALEXANDRIA, Va.—When the NCUA board meets Thursday it will address a final rule related to federal credit union bylaws and the agency’s 2023 mid-session budget.
MOUNTAIN VIEW, Calif.–In a case that may someday have implications for credit unions as they expand their chat capabilities, Google has been sued in a putative class action in federal court in California that accuses the company of violating privacy laws and committing “ongoing theft” by scraping internet users’ online data to train its chatbot without their consent.
NEW YORK–The introduction of new artificial intelligence tools and offerings continues to be embraced by companies and industries across the country in many new and experimental ways.
WASHINGTON—CUNA is urging the Senate Appropriations Subcommittee on Financial Services and General Government’s (FSGG) to boost funding in its FY24 bill for “critical programs that serve underserved communities.
LITTLETON, Mass.–Several credit unions have announced changes at the CEO level.
SAN DIEGO, Calif. –BluPeak Credit Union has become the latest CU to announce an increase in its certificate rates as competition in the deposit market remains aggressive.
EUGENE, Ore.—The $3.5-billion OCCU here has selected Fiserv’s DNA core system and will migrate to the platform next year.