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BOSTON—A number of financial institutions, particularly major banks, are turning to artificial intelligence (AI) to help them with their anti-money laundering (AML) programs.

BOSTON–Hansom FCU will have a number of representatives participating in today’s Boston Marathon and raising funds for charities.

ALBANY, N.Y.–Two New York credit unions have announced plans to merge. Members of the $32-million Health Employees FCU have approved a merger into the $3.5-billion State Employees FCU.

RANCHO CUCAMONGA, Calif. – To ensure credit unions deliver on the expectations of digital-first consumers, CO-OP Financial Services announced it is rolling out enhancements to its ATM Terminal Driving solution, including new personalization capabilities and upgraded hardware and software support.

LAKEWOOD, Colo.– CU Service Network has launched a new education resource for credit unions called “The CU Service Network University.” The CUSO reported it has been building the online hub for years, compiling and creating content for credit unions of all sizes.

PHOENIX–A financial literacy bill here has been sent to the governor for his signature.

CHARLOTTE, N.C.–Cash-out refinancing is being increasingly used by borrowers and homeowners looking to renovate their homes, consolidate debt, make a purchase, or even as a down payment for a second home, according to a study by Lending Tree that also reveals which cities have the highest levels of cash-out refi’s.

ARLINGTON, Va.—While total vehicle sales rebounded in March following two months of declines, NAFCU Research Assistant Yun Cohen said the market continues to face some obstacles, including higher borrowing costs and tightening access to credit.

CEDAR RAPIDS, Iowa­–A member of the Iowa Board of Regents, which oversees the state’s universities, who has been raising concerns over credit unions that bear the names of those universities, did not disclose that he is a part owner in a bank in the state, according to the new report.

WASHINGTON–During a hearing here over who should be the rightful director of the Consumer Financial Protection Bureau, attorneys for both sides continued to argue over which law should take precedent.