RANCHO CUCAMONGA, Calif.– In a retail and employment marketplace that continues to evolve rapidly, especially with Russia’s invasion of Ukraine affecting global markets, new data from Co-op’s member credit union payment portfolio data show mostly strong month-over-month results across several merchant categories in both debit and credit during February.
MOSCOW—Wealthy Russians are trying to move some of their wealth from Europe to Dubai as a result of Western sanctions, while crypto companies are being warned they must comply with sanctions on Russia and Belarus.
ALBUQUERQUE, N.M.– America First Credit Union has opened its first branch in New Mexico. The Utah-based credit union already operates in its home state, Nevada, Arizona and Idaho, and said its newest branch is the 119th in its network.
TAMPA, Fla.–Trellance, a CUSO that provides business analytics and technology consulting solutions, said it has joined the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining best practices that help ensure a secure cloud computing environment.
BANNOCKBURN, Ill.–Great Lakes Credit Union (GLCU) has expanded its field of membership to include more communities within Cook County, Ill.
WASHINGTON–Credit unions have until May 2 to file comment on an NCUA proposal raising asset-threshold for the agency’s office that oversees the largest CUs, known as Office of National Examinations and Supervision (ONES).
BROOKFIELD, Wis.–Fiserv has been named to the list of the World’s Most Innovative Companies by Fast Company, marking the second consecutive year Fiserv has been so recognized.
TORONTO–Ontario is seeking to modernize the framework under which credit unions and caisses populaires operate with a goal of better serving communities, according to a new report.
MEXICO CITY—Mexico might soon become the next country to follow El Salvador’s footsteps and grant Bitcoin legal tender status in its jurisdiction.
NEW YORK—Chase’s popular line of cash back credit cards, the Chase Freedom Unlimited and the Chase Freedom Flex, are getting a makeover.
