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WASHINGTON—NAFCU shared the association's support of S. 2563, known as the ILLICIT CASH Act, in a letter to the Senate Banking Committee, while CUNA has sent a letter in support of the Financial Institution Customer Protection Act

LONDON–As cyber security becomes more complex due to machine learning, AI and blockchain, fraudsters are likely to refocus on low-tech methods when targeting consumers in the future, according to a new analysis.

ST. PETERSBURG, Fla. — PSCU has deployed desktop automation through its partnership with Jacada, a provider of customer service robotic process automation (RPA), the CUSO said.

CINCINNATI—What are credit union members looking for in cars this holiday season and how are they shopping for them?

WASHINGTON—The operators of a scheme that conned consumers into paying non-existent debts will be permanently banned from the debt collection business and from misleading consumers about debt, following a settlement with the Federal Trade Commission.

MILWAUKEE, Wis.—Millennials who carry debt report owing an average of $27,900.

MADISON, Wis.–In all of the other data packed into CUNA Mutual’s latest Trends Report on loan and membership trends, one data point may have escaped notice: just how much more productive credit unions have become in two decades.

GREENVILLE, S.C.–Two South Carolina CUs have announced plans to merge. The $26-million Turbine FCU here said it will merge into the $1.1-billion Self-Help Credit Union in Durham, N.C.

SPOKANE, Wash.–Innovation is critical and can be championed by any CU regardless of asset size, according to one person who shared his organization’s strategy for breaking down into three areas where to focus when it comes to innovation.