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MADISON, Wis.–During a webinar hosted by the World Council of Credit Unions it was confirmed the world is indeed in a global recession, with the only good news being there will be a recovery—but not until 2021 at the earliest.

HUNTSVILLE, Ala.– Redstone Federal Credit Union has selected Fiserv’s Zelle to provide it with person-to-person (P2P) payments solutions, including account-to-account transfers with other services.

WASHINGTON–The Justice Department has sent grand jury subpoenas to big banks seeking records as part of a broader investigation into potential abuse of a $660 billion Paycheck Protection Program, according to Reuters.

WASHINGTON—The Federal Trade Commission (FTC) has sent joint letters with the Federal Communications Commission (FCC) to three companies providing Voice over Internet Protocol (VoIP) services, warning them that routing and transmitting illegal coronavirus-related scam robocalls is itself illegal and may lead to federal law enforcement against them, the FTC stated.

MADISON, Wis.—CUES has announced credit union professionals and directors industry-wide can sign up for a free 45-day trial membership.’

WASHINGTON—President Donald Trump has signed an executive order requiring agencies to take measures to eliminate, modify, waive, or exempt burdensome regulatory requirements in efforts to help support economic recovery from the effects of the coronavirus pandemic.

PURCHASE, N.Y.—Small businesses and individuals having a hard time entering the digital economy are getting a boost from Mastercard as the need to receive funds electronically and make digital and contactless payments has been underscored by the COVID-19 pandemic.

NEW YORK—Not surprisingly, new data show more Americans are relying on credit cards to buy essentials such as groceries while they conserve cash as the unemployment rate skyrockets as a result of the coronavirus pandemic.

ST. PETERSBURG, Fla.–Although down from a year ago, overall card spending by consumers has now increased over the prior week for four consecutive weeks, while debit spend is also up, according to the latest spending data released by PSCU.

CHICAGO–Anyone can hire top people. But how do you create an environment that keeps them around, when even during a pandemic talented people remain in demand.