WASHINGTON—CUNA will host a webinar today on the new FedNow service.
Fresh Today
SEATTLE—Affirm has become the first buy now, pay later player to be added to Amazon Pay.
TOKYO—Japan has lifted its stablecoin ban, signaling a significant turning point in the country’s cryptocurrency landscape, according to a new report.
WASHINGTON—CUNA met with the representatives of the Government Accountability Office (GAO) to discuss issues around the Financial Crimes Enforcement Network’s (FinCEN) Currency Transaction Report (CTR) requirements.
WASHINGTON—The Justice Department is objecting to bankruptcy plan filed by Bittrex, a cryptocurrency exchange that owes millions of dollars in fines to the government.
WASHINGTON—The Federal Communications Commission (FCC) has proposed new rules regarding consumers’ right to revoke consent to receive robocalls and robotexts.
ALEXANDRIA, Va.–Despite the strong overall performance of credit unions as seen in NCUA’s first quarter data, the agency’s chairman sees potential red flags for CUs to watch in delinquencies and other areas, while adding NCUA has also increased its scrutiny of a number of large credit unions feeling particularly strong liquidity pressure.
ARLINGTON, Va.—Total consumer credit grew 5.7% in April at a seasonally-adjusted, annualized rate and is up 6.8% compared to a year ago, according to new data from the Federal Reserve.
WEST DES MOINES, Iowa–Three credit unions and the Iowa Credit Union League have filed suit against NCUA seeking to recover funds invested by the former Iowa Corporate Central Credit Union in the now defunct U.S. Central Credit Union.
SANTA PAULA, Calif.–A former manager of a credit union has been charged with stealing more than a quarter-million dollars from the credit union over a period of three years.