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WASHINGTON—With facial recognition now being used for payments by some retailers, and with credit unions and their vendors also testing the technology as a means for member identification, a case involving Rite Aid and the FTC deserves credit unions’ attention.

WASHINGTON—A virtual roundtable hosted by the Federal Trade Commission has flagged a number of issues around artificial intelligence, including its effects on “creative professionals,” which in credit unions would include marketing, content creation and more.

WASHINGTON—Remittance flows to Latin America and the Caribbean were expected to experience 8% growth in 2023, reaching a “staggering” $156 billion, according to new research from the World Bank.

NEW YORK—What will be the top payments trends in 2024?

NEW YORK—In what some have called a historic move, the United Nations has voted to establish a global digital currency in a bid to reduce economic disparities and promote financial inclusion worldwide.

PURCHASE, N.Y.—Mastercard said it is increasing its efforts to detect and prevent fraud that’s routed through cryptocurrency exchanges.