CHICAGO— Even as suspected digital fraud attempts are falling, U.S. consumers are still losing meaningful amounts of money—and a new TransUnion analysis suggests the reason may be that criminals are getting smarter, not weaker, as AI helps push scams higher up the value chain.
Fresh Today
SAVANNAH, Ga.—The $161-million Georgia Heritage FCU has disclosed a data breach affecting 43,077 members, with a filing to the Maine Attorney General showing consumer notices went out on Jan. 15, 2026.
WASHINGTON— The CFPB is waiting on White House clearance before it can publish a final rule that would complete its rollback of the agency’s small business lending data-collection regime, according to a new regulatory notice, Law360 reported, signaling that another major change to the Biden-era Section 1071 framework may be close for banks and credit unions.
WASHINGTON— Veteran Washington advocacy executive Kathleen Coulombe officially began as chief advocacy officer at America’s Credit Unions Monday, stepping into one of the trade group’s most closely watched leadership roles as credit unions head into a politically charged election cycle and a busy stretch of policy fights in Washington.
WASHINGTON— In a trio of letters tied to hearings and policy reviews this week, the Defense Credit Union Council is pressing Congress and regulators to take a more tailored approach to monetary policy, cyber fraud and consumer-financial oversight, arguing that credit unions—especially those serving military families—need both stronger protections and relief from rules DCUC says can undercut access to affordable financial services.
WASHINGTON— America’s Credit Unions is hoping NCUA will follow the Office of the Comptroller of the Currency’s lead in the Illinois interchange fee fight, arguing the agency already has authority under the Federal Credit Union Act to preempt the state’s Interchange Fee Prohibition Act for federal credit unions.
WASHINGTON— The Defense Credit Union Council is using two separate letters to House lawmakers this week to sharpen its push for policies it says would better support veterans both as entrepreneurs and as beneficiaries navigating complex financial decisions, arguing that credit unions remain constrained by outdated rules on one front while underused as trusted partners on another.
WASHINGTON— The Defense Credit Union Council is backing House legislation to ease Section 1071 compliance burdens on smaller institutions, but is also pressing lawmakers to move quickly on a separate, credit union-focused markup that would take up long-sought priorities including Central Liquidity Facility modernization, expanded veteran business lending authority and field-of-membership reform.
WASHINGTON— America’s Credit Unions said it is heading into a pivotal week on Capitol Hill with appropriations, regulatory relief and reconciliation all in play, as Congress moves quickly on the FY27 Financial Services and General Government spending bill and the House Financial Services Committee prepares to mark up legislation with direct implications for credit unions.
TEXARKANA, Texas—The $1.6-billion Red River Employees FCU here has become the newest member of the Defense Credit Union Council, DCUC announced.