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SENEGAL, West Africa—Senegal will use a digital currency this year that will be circulated alongside paper money as legal tender.

CUPERTINO, Calif.—Good news for Apple Pay and credit unions that support the digital wallet—Apple accounted for nearly one-third of holiday smartphone sales.

LAUREL, Md.–The $3-billion Tower FCU announced it has selected a successor to retiring CEO Martin Breland.

PRINCETON JUNCTION, N.J.–Nine out of 10 Americans are now using EMV, or chip, cards to make purchases, while approximately one-third of U.S. merchant locations are now enabled to accept such payments, according to a market snapshot released by the U.S. Payments Forum.

NEW YORK—The move by Citigroup last summer to acquire Costco's co-branded credit card portfolio from Amex is paying off for the mega-bank.

SANTA FE, N.M. — A jury has ruled in favor of a widow here and ordered a credit union to pay more than a half-million in damages, even though the credit union said it was only acting in accordance with the law.

EAU CLAIRE, Wis. – Royal Credit Union is partnering with the University of Minnesota Golden Gophers during the 2016-17 men’s basketball and men’s hockey seasons.

PHOENIX–Desert Schools FCU has made the largest donation ever to Phoenix Children’s Hospital’s formal school program, “1 Darn Cool School,” with a donation of more than $565,000.

ALEXANDRIA, Va.–NCUA’s CUSO Registry opens today.

MADISON, Wis./WASHINGTON–The CUNA CFO Council is now accepting nominations for its 2017 awards, to be presented at CUNA CFO Council Conference, May 21-24, 2017, in Orlando.