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MADISON, Wis.—The Financial Action Task Force’s new guidance on de-risking related to correspondent banking and anti-money laundering is good news for credit unions, asserts one analyst.

DES MOINES, Iowa—With rates expected to eventually rise and credit unions making greater use of data analytics, TMG expects CUs next year will pay much more attention to managing the credit card portfolio.

RANCHO CUCAMONGA, Calif.–CO-OP Financial Services and CUProdigy said they are partnering to provide CO-OP’s online bill payment solution to CUProdigy’s core processing and cloud computing client credit unions.

ALEXANDRIA, Va.–NCUA’s internship program has been recognized by the Hispanic Association of Colleges and Universities for its success providing opportunities for Hispanic students.

CORNING, N.Y.–The Education Credit Union Council said it has signed a partnership agreement with IWS to help member credit unions enhance their auto loan offering.

WASHINGTON—CUNA has launched a new website identifying each of the CULAC-backed candidates for the upcoming 2016 elections.

DENVER—The Federal Reserve’s crackdown on financial services businesses that support the cannabis industry continues, this time taking away the ability of CS Compliance Systems, developers of CannaScore, to accept credit card payments, the Denver Business Journal reported.

WASHINGTON–With marijuana-related issues on the ballot in numerous states this year, the number of financial institutions working with pot businesses is up 45%, even though the sale of marijuana remains a federal crime.

WASHINGTON—A lawsuit is likely from the banking industry against NCUA over its just-passed field-of membership rules, according to both credit union trade groups.