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LONDON–The financial services industry is facing a recruitment and skills crisis, according to a new analysis that suggests a key issue is hiring for adaptability rather than short-term impact.

SALT LAKE CITY—Galileo Financial Technologies has launched Galileo Instant Issuing, a collaboration with Mastercard to allow the company to provide fintechs and other businesses with the capability to quickly open bank accounts and issue white-labeled debit cards without long-term contracts and startup fees.

NEW YORK—Holiday shopping on Cyber Monday shattered existing records, with consumers spending $9.4 billion, a 19.7% increase from year-ago figures, when sales reached $7.9 billion, according to Adobe Analytics.

BISMARK, N.D. - CUNA announced their Committee Assignments for 2020 and three Dakotans have been appointed and will be serving at the national level, the CU Association of the Dakotas said.

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has announced the realignment of its Liaison Division as the Strategic Operations Division (Strategic Ops).

WASHINGTON—The Small Business Administration (SBA) finalized its rule to streamline and modernize its Certified Development Company (CDC) program corporate governance requirements.

ARLINGTON, Va.—Total consumer credit rose 5.5% in October on a seasonally adjusted, annualized basis and is up 4.8% versus a year ago.

TIPPERARY, Ireland–Members were lined up prior to 10 a.m. opening at Clonmel Credit Union here as it prepared to pay out what was described as one of the biggest loan interest rebates and bonus dividend payments in all of Ireland.

Per the National Adult Protective Services Association (NAPSA), one-in-20 seniors has indicated some form of perceived financial mistreatment.

GLENDORA, Calif. – America’s Christian Credit Union (ACCU) said its member-generated Visa Platinum GiveBack for the third quarter of 2019 was  $7,000, which has been distributed in alignment with ACCU’s corporate priorities of building stronger families,communities, and ministrie