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CORONA, Calif.—A clean quarterly report can become a dangerous comfort blanket. Good capital. Acceptable earnings. Stable delinquencies. Healthy audit outcomes. The leadership team walks out of the meeting satisfied that the credit union is performing.

WASHINGTON--An Executive Order on artificial intelligence (AI) released Tuesday does not create any new rights or obligations for credit unions but could impact them in several ways, America's Credit Unions said.

PURCHASE, N.Y.--Mastercard said it is expanding its settlement capabilities to include additional intraday, weekend and holiday settlement options, as well as support for on-chain settlement using regulated stablecoins, marking a significant step in the payments giant’s broader push into digital assets and always-on payments.

MIAMI--U.S. consumers likely paid down a significant amount of credit card debt during the first quarter, with WalletHub projecting a $61-billion decline on an inflation-adjusted basis when the Federal Reserve releases updated consumer credit data Friday afternoon.

WASHINGTON--As Treasury works to implement the GENIUS Act, it wants feedback on broad-based principles for determining whether a state-level regulatory regime is substantially similar to the federal regulatory framework.

WASHINGTON--Treasury Secretary Scott Bessent will testify before the Senate Finance Committee on the agency’s FY27 budget Wednesday, and America’s Credit Unions wrote for the hearing’s record on several credit union priorities.

WASHINGTON--The Defense Credit Union Council is advancing two major advocacy priorities this week focused on financial readiness for military communities and underserved populations.