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PURCHASE, N.Y.—Mastercard is implementing biometrics for card payments, with plans to go live by April 2019.

TEWKSBURY, Mass.–Shelley Holden, CEO of Tewskbury Credit Union, has been placed on leave by the board after questions were raised related to irregularities around how she handled certain accounts, according to a report by Patch.com.

ARLINGTON, Va.—Total consumer credit rose by 5.8% in December after hitting the fastest pace since July 2011 in November.

RIVERWOODS, Ill.—Another sign that Americans may be getting too deep in debt--Discover Financial Services is seeing a marked rise in charge-offs.

HUNT VALLEY, Md.–Two more credit unions have announced year-end bonus dividends and interest rebates.

WASHINGTON—The Federal Trade Commission (FTC) is being urged to encourage the Department of Justice to issue clear Americans with Disabilities Act (ADA) website standards.

WASHINGTON—As the Trump administration considers removing Financial Crimes Enforcement Network (FinCEN) guidance that has allowed financial institutions to open accounts for marijuana businesses without running afoul of federal regulators, Treasury Secretary Steven Mnuchin offered some insights into how the Treasury Department may respond to the growing area of marijuana banking.

WASHINGTON–Interim CFPB Director Mick Mulvaney is making changes to an agency function responsible for policing fair lending, among other things, with analysts saying the move is weakening its enforcement powers.

RICHMOND, Va.—After having their lawsuit tossed, a plaintiff whose suit against a credit union and its website alleging Americans with Disabilities Act (ADA) violations is back with an amended complaint.

ALEXANDRIA, Va.—Credit unions will learn more about future equity distributions from the National Credit Union Share Insurance Fund (NCUSIF) Thursday when the NCUA board votes on a final methodology for distributing the refunds to CUs.