FTC Takes Action Against Firm for Alleged Credit Card Laundering 04/23/2023 01:07 pm WASHINGTON—The Federal Trade Commission said it has taken action to stop Nexway, a multinational payment processing company, along with its CEO and chief strategy officer, from serving as a facilitator for tech support scammers through credit card laundering.
How Much is a Remittance in U.K.? No One Bloody Knows 04/22/2023 12:04 pm LONDON—Just how much does it cost to send a remittance using a bank in the United Kingdom? No one is quite sure, as the banks made it difficult to know, according to a new report.
Welsh Government Budgets Additional Funds for CUs to Support Ethical Lending 04/23/2023 01:08 pm CARDIFF, Wales–The government of Wales said it is providing an additional £600,000 in funding for credit unions to support ethical and affordable lending during the cost of living crisis.
'Security' is Cited 04/22/2023 12:04 pm GERMANTOWN, Md.–SkyPoint FCU has introduced “SkyPoint Pay,” which it said will provide members with “unprecedented security when transferring funds between banks or to individual payees.”
Robins Financial Supports Cancer Society 04/22/2023 12:04 pm WARNER ROBINS, Ga. — Robins Financial Credit Union recently supported the American Cancer Society by providing a $2,500 donation to the Baldwin County Relay for Life.
A New Gig for CUs, 'Free' Cupcakes, Instant Nostalgia & More 04/23/2023 08:47 pm It’s always perplexing to me to hear how often credit unions seem unsure of which markets to serve next, as if the fintechs and big banks have gobbled up all the loaves of bread on the shelves and there aren’t even an crumbs to be found.
Centra's Silvers Appointed to Indiana Board for Depositories 04/24/2023 12:08 pm INDIANAPOLIS – Indiana Governor Eric Holcomb has appointed Centra CU President/CEO Rick Silvers to the Indiana Board for Depositories.