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ATLANTA–There has been a significant increase in small and midsize business lending fraud, primarily in digital channels, according to a new report released by LexisNexis Risk Solutions.

LONDON–Banks have previously been too conservative in sticking to their core brand image, but innovative design can be key to attracting younger customers in a post-pandemic world, according to GlobalData.

BEAVERTON, Ore.–First Tech FCU has provided more than $30,000 in wildfire relief grants across Oregon, California and Washington, where many of its members and employees reside.

STOCKHOLM, Sweden—Lenders in a country at the center of one of Europe’s largest dirty-cash scandals are testing a new anti-money-laundering system that doesn’t interfere with banking privacy.

SAFFORD, Ariz.–OneAZ Credit Union has signed a multi-year commitment with Lumin Digital to use its platform as its digital banking solution. San Ramon, Calif.-based Lumin Digital will provide consumer and retail banking to more than 145,000 OneAZ members when the credit union launches on the platform in June 2021.

NEW YORK–Citigroup has agreed to pay a $400-million fine over long-running problems related to keeping its daily operations under control. The announcement comes just two months after one of its employees sent nearly $1 billion to the wrong recipients.

TALLAHASEE, Fla. – LEVERAGE Payment Solutions, a debit and credit card solutions owned by Affiliated Consolidated Service (ACS), the for-profit arm of the League of Southeastern Credit Unions & Affiliates (LSCU), said it has acquired a book of business from the U.K-based payments company Worldpay.