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SARTELL, Minn.— When survivors of domestic violence leave an abusive relationship, escaping the physical danger is often only the first hurdle.

SAN FRANCISCO—A former Silicon Valley Bank executive testified he felt pressure from the bank’s then-CFO to chase “more yield” by adding riskier assets to SVB’s securities portfolio, according to Law360, testimony that goes directly to the FDIC’s claim that bank leaders knowingly loaded the institution with interest-rate risk before its 2023 collapse.

NEW YORK--Auto loan refinancing is gaining momentum as falling interest rates and persistent affordability pressures prompt more consumers to seek lower monthly payments, according to reporting by PYMNTS, which cited new data from Experian.

WASHINGTON--The Defense Credit Union Council recently submitted two comment letters to NCUA addressing proposed regulatory changes affecting credit unions.

FRANKFURT, Germany— The European Central Bank has given eurozone banks until Oct. 31 to develop plans for countering AI-enabled cyber threats, taking what Reuters described as a more prescriptive approach than other major central banks to the risks posed by increasingly advanced artificial intelligence models.

WASHINGTON--Credit unions looking to understand how payment stablecoins could affect their operations—and what the new GENIUS Act means for the industry—have a new resource from America's Credit Unions that outlines the law, the regulatory framework and key issues institutions should be watching.

MILWAUKEE—Fiserv President Dhivya Suryadevara has resigned, effective July 7, citing "good reason" under the terms of her employment agreement following the company's recent leadership changes, according to a filing with the Securities and Exchange Commission, PYMNTS reported.

WASHINGTON--America's Credit Unions is encouraging credit unions to submit their comments in support of NCUA’s interim final rule confirming federal preemption of the Illinois Interchange Fee Prohibition Act (IFPA) by the Thursday deadline.