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TAMPA, Fla.—Rising costs for running a successful card program demand that credit unions are putting new demands on the need for CUs to review their portfolios and take steps to promote and support them, according to Trellance.

DORCHESTER, Mass.—As more small credit unions seek to expand via community charters to survive, one CU says a closed field of membership is exactly what’s behind its success, and what will carry it into the future.

TOKYO—The Japan Virtual Currency Exchange Association, a self-regulating body of 16 exchanges, has announced a plan for a new set of guidelines that are designed to prevent money laundering, insider trading, market manipulation, and to increase know-your-customer (KYC) requirements.

WASHINGTON—Department of Housing and Urban Development (HUD) Secretary Ben Carson expressed his support for reform efforts that would strengthen the secondary mortgage market and bring the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac out of conservatorship.