Fresh Today

Fresh Today

WASHINGTON— In a letter sent to federal regulators that include NCUA, concerns over a recent bulletin from the Securities and Exchange Commission that tells cryptocurrency platforms they should consider their customers’ digital assets when performing risk analyses are being raised by House Financial Services Committee Chairman Patrick McHenry (R-NC) and Sen. Cynthia Lummis (R-WY).

WASHINGTON—As more consumers fall victim to fraud scams on peer-to-peer (P2P) payment apps, a group of Democrat senators has sent a letter to federal banking regulators – including the NCUA – calling on the agencies to review customer reimbursement and anti-money laundering (AML) practices of financial institutions that participate in the Zelle network.

RIVERWOODS, Ill.—Discover Financial Services said it will allow its network to track purchases at gun retailers effective in April, making it the first among the big card associations to publicly give a date for moving ahead with the initiative, which is aimed at helping authorities probe gun-related crimes.

SACRAMENTO– More than 150 CU professionals from across the California Credit Union Leagues’ Sacramento Valley Network to discuss a host of issues ranging from forward-looking plans, special initiatives, financial capabilities, education and assistance for members, and the future of credit unions.