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MADISON, Wis.–The World Council of Credit Unions has sent a letter in support of the Global Partnership for Financial Inclusions’ (GPFI) work to help reduce the regulatory burdens on credit unions in order to help them promote financial inclusion of unbanked and underserved individuals.

HOUSTON–Despite consumer access to a wide variety of payments methods, cash retains a prominent place in the consumer payments landscape.

CHARLOTTE, N.C.–Bank of America Corp., which cut more than 10,000 jobs during 2015, said it will again seek to reduce its number of employees in 2015 as it moves to further cut costs.

HARRISBURG, Penn.–PSCU and the Pennsylvania Credit Union Association have announced an agreement in which PSCU will be the preferred provider of credit and debit card services to Pennsylvania credit unions currently serviced by PCUA’s service corporation, PACUL Services, Inc.

ARLINGTON, Va. – The National Association of State Credit Union Supervisors said that financial institution regulatory agencies in both Idaho and Vermont have been approved for reaccreditation by it and the Conference of State Banking Supervisors (CSBS) following recent reviews.

CORNWALL, U.K.–Kernow Credit Union here inadvertently sent 69 people an 873-page document containing personal financial information on 700 members of the CU.

DES MOINES, Iowa––The card-issuing partners of payments processor TMG (The Members Group) grew their credit and debit portfolios by 15% on average in 2015, according to the company.

SAN JOSE, Calif.—The appeal and acceptance of Bitcoin continues to grow, with PayPal now showing a stronger interest in the cryptocurrency.

FIFE LAKE, Mich.–Forest Area Federal Credit Union has introduced a new logo. The new mark features an icon of streamlined, forward-leaning evergreens, along with new fonts and an updated color scheme.

WASHINGTON—The Consumer Financial Protection Bureau has released its latest monthly consumer complaint snapshot, and data shows that complaints about debt settlement, check cashing, money orders, and credit repair often revolve around issues of fraud or problems with reliable customer service.