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LONDON—Mobile money hit a new milestone In 2021 as the value of transactions processed globally surpassed $1 trillion for the first time, according to a report released by the GSM Association, which tracks data in the mobile telecommunications industry.

MADISON, Wis.—Rapid inflation, including skyrocketing gas prices, has created a new period of financial uncertainty that one expert says requires credit unions to listen closely to their members’ needs and “clear out the noise.”

RANCHO CUCAMONGA, Calif. – In a retail and employment marketplace that continues to evolve rapidly, especially with Russia’s invasion of Ukraine affecting global markets,  new data from Co-op’s member credit union payment portfolio data show mostly strong month-over-month results across several merchant categories in both debit and credit during February.

NEW YORK–Inclusiv has named three people as the winners of its highest honor, the Annie Vamper Helping Hands Award.

WASHINGTON––CUNA and NAFCU have joined with one bank trade group and a coalition of consumer groups in submitting a letter to the U.S. House Committee on Financial Services urging passage of the Close the ILC Loophole Act.

WASHINGTON—Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI) are calling on Biden administration officials to close the loophole that exempts the private investment industry from anti-money laundering and countering the financing of terrorism (CFT) obligations.

NOBLESVILLE, Ind.–Indiana Members Credit Union (IMCU) recently presented a check for $2,214 to Noblesville High School as part of an ongoing school spirit debit card program.