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SANTA ROSA, Calif.–Redwood Credit Union (RCU) has won an award for RCUpay from NACHA, the Electronic Payments Association, which celebrates proven accomplishment and leadership in the payments industry and recognizes innovations defining the future.

WASHINGTON—Comments are due June 22 on a proposal to create a nonprofit association – the U.S. Faster Payments Council – that would coordinate the remaining implementation work identified by the Federal Reserve's payment task forces.

STOCKHOLM, Sweden—India and Sweden are working toward setting up a common task force on cybersecurity, where both the countries will join hands to find innovative solutions to combat threats looming the cyberspace. 

SHREVEPORT, La.–Another ATM was stolen from a credit union here, while in Iowa two men were sentenced for their roles in stealing the machines.

WILMINGTON, Del.—Money keeps flowing into fintechs.

MARSHALL COUNTY, Ala. — Scammers have been targeting members of Redstone FCU here by claiming to represent the credit union and indicating there is a problem with debit cards. At least one member has had their account cleaned out as a result.

WASHINGTON—The BCFP is being asked to revisit its complaint intake system.

KENT, Wash.–Change-in-control agreements may be an underutilized means of helping to ensure an objective assessment of merger proposals in the credit union industry, according to a new white paper from the CEO Advisory Group.

PHOENIX—Desert Financial Credit Union has created a fundraiser to help one of its own employees. Employee Jason Kvam is suffering from severe kidney failure and the credit union is doing all it can.

MADISON, Wis.–The Filene Research Institute announced that CUNA has renewed its primary sponsorship of the Cooperative Trust for another three years, making it possible for the group to embark on a new mentorship program and Crash events.