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ZURICH, Switzerland—UBS has rolled out a blockchain-based digital currency system, UBS Digital Cash, tailored for commercial and institutional customers.

WASHINGTON—The Consumer Financial Protection Bureau said it is distributing $1.8 billion to 4.3 million consumers charged illegal advance fees or subjected to allegedly deceptive bait-and-switch advertising by a group of credit repair companies including Lexington Law and CreditRepair.com.

WASHINGTON—Credit unions are committed to using artificial intelligence safely, securely, and to help members meet financial needs, America’s Credit Unions told the House Financial Services Committee in a letter from President/CEO Jim Nussle.

PUYALLUP, Wash.—A stolen excavator was used to rip loose a BECU ATM from a standalone kiosk here.

SANTA FE, N.M.--Del Norte Credit Union has been recognized for its workplace policies by Family Friendly New Mexico, a statewide initiative developed to recognize employers that have adopted policies that give New Mexico businesses an advantage in recruiting and retaining the best employees. 

TAMPA--Floridacentral Credit Union has named Brad Babin Senior Vice President of IT, Chief Information Officer.