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NEW YORK--Credit decisions are increasingly being driven by consumers' real-time financial behavior rather than traditional static credit scores, a shift that promises more accurate underwriting while reducing fraud and false declines, according to PYMNTS.

DUBLIN, Calif.— The $9.5-billion Patelco CU said it prevented nearly $9.6 million in potential fraud losses during the first year of its Senior Advocate Program, highlighting both the growing sophistication of scams targeting older adults and the role frontline employees play in stopping them.

WASHINGTON— The Defense Credit Union Council said two of its member institutions—Travis Credit Union and Otero Federal Credit Union—have been named the Department of the Air Force's 2025 Distinguished Credit Unions of the Year, the military's highest annual recognition for on-base credit unions based on nominations submitted by installation commanders.

JACKSON, Miss.— A federal judge has ordered a sweeping asset freeze against former Jackson Area Federal Credit Union CEO Leigh Bridges, her husband Chad Bridges and former branch manager Tina Funez, barring them from moving or disposing of assets as the NCUA pursues its civil lawsuit seeking to recover approximately $95 million allegedly misused from the credit union.

 

WASHINGTON—America's Credit Unions, the Illinois Credit Union League, the American Bankers Association and the Illinois Bankers Association urged the National Credit Union Administration to stand by its interim rule preempting Illinois' interchange fee law, arguing the regulation confirms federal credit unions have broad authority to collect interchange fees and prevents a state-by-state patchwork that would drive up costs for financial institutions and consumers.

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