NEW YORK— Zelle said it expanded access to real-time payments in 2025 by onboarding hundreds of new community banks and credit unions, widening availability for smaller financial institutions and underserved communities.
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TAMPA-- Velera announced it will provide Kemba Credit Union with debit and credit card processing services and support.
ALEXANDRIA, Va.--NCUA Tuesday announced the names of its executive leadership team.
PURCHASE, N.Y.--Mastercard is rolling out a new Agent Suite designed to help financial institutions and merchants deploy agentic AI across payments, customer engagement, and product delivery, as banks and fintechs race to automate more decisioning and service workflows, the company reported.
NEW YORK — Citigroup has been sued by a former managing director who alleges she was pushed out of the bank after experiencing sexual harassment from a senior executive, Reuters reported.
WASHINGTON--Urging the IRS to clarify instructions, prioritize standardized electronic reporting, and ease compliance requirements, America’s Credit Unions sent a comment letter about the proposed Form 1098-VLI, which is related to the temporary deduction for vehicle loan interest.
LOWELL, Mass.-- Jeanne D’Arc Credit Union is expanding its financial education outreach by continuing its “Tackling Financial Wellness” campaign in partnership with New England cornerback and punt returner Marcus Jones, reinforcing its commitment to helping individuals and families build long-term financial security across the community.
WASHINGTON—As Congress debates renewed proposals to cap credit card interest rates, Defense Credit Union Council President and CEO Anthony Hernandez is urging lawmakers to reject not only a potential 10% rate cap, but also a growing push to apply an “all-in” APR methodology that he argues could unintentionally restrict access to responsible credit.
EUGENE, Ore. — A former employee of Peak Credit Union — previously known as Northwest Community Credit Union — has been arrested in connection with an alleged scheme involving fraudulent activity tied to deceased credit union members accounts, according to Lookout Eugene-Springfield.
SACRAMENTO, Calif.—The California Department of Financial Protection and Innovation has ordered Nexo Capital Inc. to pay $500,000 in penalties after determining the company violated state financial laws by making crypto-backed loans to California residents without a valid license.