WASHINGTON–Senators grilled a Facebook executive here over its proposed new cryptocurrency, with the company responding by attempting to minimize concerns.
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CHICAGO–The U.S. Court of Appeals for the 7th Circuit dismissed a lawsuit against Illinois-based Aurora Policemen Credit Union that alleged its website violated the violations of the Americans with Disabilities Act (ADA).
WASHINGTON–President Trump said he is no fan of cryptocurrenices, including Facebook’s newly announced Libra. The president made the statements as Congress was holding hearings around cryptocurrencies, while the White House also hosted a “social media summit” made up primarily of conservative voices. During the summit, Trump said, “We have terrible bias, we have censorship like nobody has any understanding or nobody can believe.”
WASHINGTON–Synthetic identity payments fraud is a fast-growing but little-understood problem affecting everyone from individuals to financial institutions to government agencies to private industry, according to a new white paper (PDF) released by the Federal Reserve System.
RIDGECREST, Calif.–Credit unions in this high desert region northeast of Los Angeles continue to assess damage, especially to members, in the wake of two strong earthquakes here.
ARLINGTON, Va.—Total vehicle sales decreased to a rate of 17.2 million annualized units in June, and NAFCU Chief Economist and Vice President of Research Curt Long said he expects auto sales will remain steady for the remainder of 2019.
WASHINGTON—As members of Congress return to their home districts ahead of the July 4 holiday, NAFCU is urging credit unions – especially defense credit unions – to connect with their lawmakers.
NEW YORK—It might be a few years until everyone is using global fifth-generation cellular wireless (5G) technology, but experts at Deloitte are predicting the new iteration of wireless could make an impact by the end of this year, especially in banking.
NEW YORK–There appears to be more to the conservatorship of the $3-billion Municipal Credit Union than just a CEO who embezzled funds to pay for private limos and lottery tickets.
NORFOLK, Va.–Chartway FCU has entered into a 10-year branding and sponsorship agreement for the 8,400-seat arena that’s part of the Ted Constant convocation center complex at Old Dominion University. Members will also be offered special deals as a result.