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SEATTLE—Amazon Payment Services has set up its first global fintech lab at the DIFC Innovation Hub to support regional start-ups and companies driving innovation in digital payments.

NEW YORK—A major card issuer has introduced a brand-new credit card with a novel rewards structure.

ORLANDO, Fla.–The League of Southeastern Credit Unions and Affiliates (LSCU) has announced a new chairman and executive committee following its 12^th Annual Business Meeting, as well as also announcing numerous honors for individuals and credit unions.

SHELTON, Wash.–Two credit unions in Mason County here are offering details on how they plan to deploy the combined $1.83 million in Rapid Response Program (RRP) grant funding from the US Treasury Department.

ALEXANDRIA, Va.–With two long-time priorities on the agenda of this week’s NCUA board meeting, both NAFCU and CUNA are eager to see what the agency has planned for regulations around CECL and the capitalization of interest.

ARLINGTON, Va.–With the FDIC, Congress and state regulators all discussing cryptocurrencies and other crypto-assets, what about NCUA and credit unions?

ALEXANDRIA, Va.—NCUA said it plans to conduct its second Diversity, Equity, and Inclusion (DEI) Summit in a virtual environment on Nov. 2–4.

AUSTIN—The Texas Department of Banking in an official notice has authorized state-chartered banks to hold virtual currency for customers, as long as they have “adequate protocols” in place.

WASHINGTON – The Federal Financial Institutions Examination Council (FFIEC), of which NCUA is a member, has released updates to four sections of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual (Manual).

WASHINGTON—NAFCU wrote to the NCUA in response to the agency's interim final rule (IFR) renewing temporary prompt corrective action (PCA) regulatory relief for federally-insured credit unions (FICUs).