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LOS ANGELES –Westlake Financial here has agreed to pay more than $225,000 to resolve allegations it violated the Servicemembers Civil Relief Act (SCRA) by failing to provide qualified servicemembers with interest rate benefits for the entire period required under the SCRA and by improperly delaying approval of interest rate benefit requests.

SCOTTSDALE, Ariz.—Although it arrived later to market than many of the P2P solutions, Zelle is reporting has processed more than five-billion transactions worth nearly $1.5 trillion in its first five years of business.

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ST. PETERSBURG, Fla.—Credit unions should be planning now for a future in which there are just contactless transactions at the point of sale, according to one person.