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NEW YORK--As scams grow faster and more convincing, financial institutions are being pushed to rethink fraud prevention around a harder truth: stopping modern fraud now means defending against both technology-driven attacks and human manipulation, according to PYMNTS.

ATLANTA--America’s Credit Unions said its PAC continued what it called a strong record in special elections Tuesday, notching its sixth win in six contests so far this cycle as businessman Clay Fuller (R) won a special runoff in Georgia’s 14th Congressional District. Fuller will fill the open seat previously held by Rep. Marjorie Taylor Greene (R).

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Kyle Hauptman

ALEXANDRIA, Va.—With more than one in five NCUA employees having accepted buyout offers, Chairman Kyle Hauptman said Thursday the agency’s sweeping internal overhaul is not just a policy preference but an operational necessity, as the regulator used its first open board meeting since January to address its reorganization plans, advance its deregulatory push and formally roll out a new strategic plan that embraces AI, digital assets and a lighter-touch supervisory framework.

BATON ROUGE—La.--Marvell Trevenski Jackson Jr., the Baton Rouge man previously tied to a fraud scheme targeting Neighbors Federal Credit Union, has now pleaded guilty in federal court to conspiracy to commit bank fraud and theft of mail in a sprawling scheme that authorities said hit multiple financial institutions — including several credit unions — and involved stolen checks, counterfeit items, smishing attacks and money mules.