WASHINGTON—A “rogue” payment processor and its owners agreed to be permanently banned from payment processing in order to settle charges by the Federal Trade Commission and the State of Ohio that they unlawfully processed payments for multiple scam operations, the FTC said.
WASHINGTON–A world that has changed much since the beginning of this congressional session has sidetracked many CU priorities.
WASHINGTON–Today marks another day for primary elections or run-off elections.
ST. PETERSBURG, Fla.—Positive signs in the payments space continued last week, as trends toward increasing transactions, greater use of credit and debit holding strong remain on an upward path, according to the latest data from PSCU.
WASHINGTON—CUNA announced it is among the founding organizations of the Credit Union Diversity, Equity and Inclusion (DEI) Collective, a group within the credit union movement devoted to furthering DEI.
FALCON HEIGHTS, Minn.–Following several months of planning, SPIRE Credit Union said it has formed its inaugural Diversity & Inclusion Council.
PURCHASE, N.Y.—U.S. retail sales, including online and in-person transactions, fell 5.6% in May from a year ago, according to a new study from Mastercard SpendingPulse.
WASHINGTON—As the National Defense Authorization Act (NDAA) for fiscal year 2021 moves toward a full Senate vote, the Defense Credit Union Council (DCUC), CUNA and NAFCU have sent a joint letter to Senate leadership asking for language to be removed from the act that could jeopardize CUs’ ability to remain on military bases.
CINCINNATI—Car lease credit applicants registered a 68.6% approval rate in May, a significant increase from the April rate of 63.8%, reported Swapalease.com.
CAMBRIDGE, Mass.–—Harvard University Employees Credit Union has named a new president and CEO. The credit union has selected Craig Leonard to lead the organization, effective July 18.
