PURCHASE, N.Y.—Mastercard has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time to quickly identify and resolve fraud in digital commerce.
Fresh Today
SAN JUAN, P.R.–A Puerto Rico credit union, Cooperativa de Ahorro y Credito Vegabajeña, has filed suit against the island’s Employees Retirement System (ERS) to enforce its statutory liens over 37 claims it has against the entity resulting from defaulted loans given to employees.
WASHINGTON—The Trump Administration’s proposed budget for 2020 includes similarities to those it has previously proposed, including bringing the CFPB under the congressional appropriations process, eliminating the Community Development Financial Institutions (CDFI) Fund, increasing government-sponsored enterprises' (GSEs) guarantee fees, and reforming the National Flood Insurance Program (NFIP).
WASHINGTON–CUNA continues to speak to why it has come out in support of Sen. Elizabeth Warren’s (D-MA) new American Housing Economic Mobility Act of 2019 after NAFCU, which said it has “concerns,” and withheld its support.
WASHINGTON–CUNA said it supports a delay in the compliance deadline for the CFPB’s 2017 rule governing Payday, Vehicle Title, and Certain High-Cost Installment Loans, better known as the Payday Rule.
WASHINGTON—The Federal Open Market Committee (FOMC) will conclude its two-day meeting today, with no rate hike expected.
MOSS POINT, Miss.–Two former credit union executives have been convicted for theft and embezzlement.
DANNEBROG, Neb.–At least one credit union has been hit by the floods that have affected much of the midwestern U.S. A branch of Archer Cooperative Credit Union here has more than 18 inches of water.
HAUPPAUGE, N.Y. – GrooveCar Direct reported 2018 was another year of significant growth as the company surpassed 300 credit union clients across 36 states.
WASHINGTON–Two credit union representatives are among the 22 people named to the Federal Reserve-sponsored Fraud Definitions Work Group, an initiative that is part of the Fed’s strategy for improving the U.S. payment system.