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WASHINGTON –Student Defense, the Project on Predatory Student Lending, and the National Consumer Law Center filed a lawsuit against U.S. Education Secretary Miguel Cardona and the Department of Education on behalf of student loan borrowers with unresolved Borrower Defense to Repayment claims.

CHARLOTTE, N.C.—What credit unions are doing for small banks looking to sell is stabilizing the price floor, according to one M&A expert whose firm has worked with more than 20 banks that have been purchased by credit unions.

LONDON—The U.K.’s financial regulator has urged the country’s so called “challenger banks” and fintechs to improve their anti-money laundering (AML) and fraud controls after highlighting multiple shortcomings.

PARIS—While countries around the world have made “huge progress” in tackling money laundering, there remains considerable work to be done, according to the Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog that has published a report on the state of effectiveness of and compliance with the FATF anti-money laundering standards.

LINTHICUM, Md.–State Employees Credit Union of Maryland announced that in conjunction with hitting $5 billion in assets it is also pledging $1 million in community impact grants.