WASHINGTON—CUNA has told Congress it supports more money for a cooperative funding program and procurement reform at the U.S. Agency for International Development (USAID).
Fresh Today
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) said it will convene a FinCEN Exchange in August 2021 with representatives from financial institutions, other key industry stakeholders, and federal government agencies to discuss ongoing concerns regarding ransomware, as well as efforts by the public and private sectors.
PLANO, Texas—SWBC said it will host a webinar on Aug. 11 on how to best optimize a borrower’s user experience in order to build a successful payments program.
ST. LOUIS –Together Credit Union has signed on as a founding partner and as the Official Banking Partner of CITY SC, a Major League Soccer (MLS) expansion franchise scheduled to take to the pitch in 2023.
Class Action Filed Against A Big Bank (Whose Name You Can Probably Guess) Alleging ‘Free Trial’ Scam
SAN FRANCISCO–A class action lawsuit has been filed against Wells Fargo alleging it knowingly aided three Internet schemes whereby consumers were offered “free” trials of products only to be charged full price and enrolled in monthly programs.
LAWRENCEVILLE, Ga.—As lenders branch out to offer different types of vehicle loans, such as RVs, Black Book said it is adding specialty vehicles into the firm’s mobile and desktop application, Black Book Cherry.
SEOUL, South Korea—South Korea’s four major cryptocurrency exchanges have launched a joint venture ahead of the upcoming implementation of domestic and global anti-money laundering regulations, the companies announced.
SANDY, Utah–A man here has been arrested for allegedly robbing two credit unions using demand notes that both ended with the words “thank you.”
PARIS—In a new report, the European Banking Authority (EBA) has outlined proposals to encourage the adoption and use of RegTech in the EU — which, its providers argue, boosts efficiency and effectiveness and lessens the impact of regulatory changes.
WASHINGTON — Sen. Chuck Schumer (D-NY), the Senate majority leader, said he plans to propose legislation to decriminalize marijuana at the federal level. Should Schumer’s bill see success, it would break a logjam in the Senate, which has consistently failed to pass legislation to decriminalize cannabis even as the House has passed such legislation.