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CHEYENNE, Wyo.– The Wyoming Division of Banking has announced a one-year deal with Chainalysis in a bid to monitor cryptocurrency activity on blockchains.

WASHINGTON—The Office of the Comptroller of the Currency (OCC) said it has reached settlements with three former senior executives of Wells Fargo Bank, N.A., Sioux Falls, South Dakota, for their roles in the bank’s “systemic sales practices misconduct.”

ROCKLAND COUNTY, N.Y.–While the economic fallout from the coronavirus to date has largely taken its toll on lower wage and gig workers, one new analysis suggests CUs should be preparing for the crisis to wreak a particular kind of havoc on the debt-laden middle class.

WASHINGTON—Both Treasury Secretary Steven Mnuchin and Federal Reserve Board Chairman Jerome Powell will be back before Congress today, likely offering testimony similar to that given earlier this week to the House during which they shared their views on federal stimulus efforts and what’s ahead.

ST. PETERSBURG, Fla.–A new report has become the latest to find the COVID-19 pandemic is accelerating demand for faster, and more digital, payments in 2020, with growth surging “exponentially.”

WASHINGTON–Nearly three-quarters of hotel owners say that without additional government assistance they will be forced to lay off employees.

ONTARIO, Calif.–Credit unions in California and Nevada are seeing an “abundance” of loan volume from mortgages and business loans, but like the rest of the country are also seeing even more abundance with deposits, according to new data from the California and Nevada Credit Union Leagues.

WASHINGTON—Existing-home sales continued to rise in August, reaching a seasonally-adjusted rate of six million units and marking its highest level on record since December 2006. The sales volume represents a 10.5% increase in sales versus a year ago.

PONTIAC, Mich.–The biggest wholesale mortgage originator in the United States has announced plans to merge with a special-purpose acquisition company (SPAC) in a deal that will take it public at a valuation north of $16 billion.

JACKSONVILLE, Fla.–Jax Federal Credit Union said it has launched a search for a new CEO.