AUSTIN, Texas—Noting the financial services industry is at an inflection point, Q2 Holdings has released new data that show while many FIs are investing heavily in digital they are overlooking their legacy systems.
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BISMARK, N.D.— The North Dakota Senate has approved a bill restricting cryptocurrency ATMs, capping daily transactions at $2,000, Coin Insider reported.
WASHINGTON—Calling the CFPB the most unchecked and unaccountable agency in the entire federal government, Andy Barr called for heavy reforms to the Bureau.
WASHINGTON--Credit unions sent nearly 150,000 messages to elected officials since America’s Credit Unions launched its Don’t Tax My Credit Union action alert earlier this month, ACU reported.
CHICAGO—Consumers spent $12.1 billion on overdraft and NSF fees in 2024, according to a new study that also shows CU members are paying more OD fees than small bank account holders and credit unions are slower to drop OD charges than banks.
ROCKVILLE, Md.—The $2-billion Lafayette Federal Credit Union may have suffered a data breach, JD Supra reported.
ALEXANDRIA, Va.--NCUA has cancelled its March 27 open board meeting, the agency noted on its website.
WASHINGTON— The U.S. Office of the Comptroller of the Currency announced that it has stopped assessing national banks and financial institutions for reputation risk after facing criticism from the crypto industry over its exclusion from the financial sector, The Block reported.
JACKSONVILLE, Fla.— The $14-billion VyStar Credit Union is once again making headlines for frustrating members, this time due to a credit reporting issue.
ROCHESTER, N.Y.–Rochester Police are looking for a suspect following an armed robbery at a branch of ESL Federal Credit Union located on Merchants Street earlier this week.