MARLBOROUGH, Mass.–Credit Unions in Massachusetts have donated $157,637 to “A Bed for Every Child,” an initiative of the Massachusetts Coalition for the Homeless.
Fresh Today
LONDON—Britain’s financial regulator has said Binance, one of the world’s largest cryptocurrency exchanges, cannot conduct any regulated activity and has issued a warning to consumers about the platform, which is coming under growing scrutiny globally.
MEXICO CITY—Mexicans working abroad sent $4.51 billion home in May, a 31% increase compared to the same month of 2020, central bank data show.
BASSETERRE, St. Kitts & Nevis–The Eastern Caribbean Central Bank (ECCB) has partnered with several credit unions, banks, and businesses to provide a new payment option for countries in the Eastern Caribbean Currency Union (ECCU).
DUBLIN, Ireland/MIAMI–The number of credit unions—if any--affected by the ransomware attack on companies and organizations that use Kaseya software continues to remain unknown even as up to one-million personal computers reportedly may have been infected.
LANCASTER, Penn.–NCUA has granted a new federal charter to Community First Fund FCU here.
RANCHO CUCAMONGA, Calif. – During Amazon’s annual Prime Day shopping holiday, total sales surpassed $11 billion, an all-time high for the massive e-commerce event, and debit cards were “far and away” the preferred spending tool for CU members, according to transaction data analyzed by CO-OP Financial Services’ SmartGrowth.
MUNICH, Germany—The microchip shortage plaguing so many industries could also disrupt the U.S. and global payments systems, the Smart Payment Association is warning.
WASHINGTON—The new employment numbers released last week, which showed a surge in hiring, are being described as “solid” by one economist.
WASHINGTON—Comments on several proposals of interest to credit unions are due this month.