WASHINGTON—The Federal Financial Institutions Examination Council (FFIEC) Tuesday advised financial institutions, consistent with existing regulatory expectations, to actively manage the risks associated with interbank messaging and wholesale payment networks.
CARMEL, Ind.–Allied Solutions has announced a strategic partnership with Interstate National to enhance its Mechanical Breakdown Protection program.
ALEXANDRIA, Va.– NCUA is again inviting stakeholders throughout the credit union system to provide input on ways it can modernize and improve its Call Reports, with the publication of a request for information in the Federal Register.
SAN FRANCISCO–Visa plans to test a “payment wearable ring” during the Summer Olympic Games in Rio de Janeiro in August.
MINNEAPOLIS, Minn.--A federal appellate court here has ruled in favor of a Minnesota bank that sued its insurer for coverage of costs related to a fraudulent wire transfer.
GRAND RAPIDS, Mich.–AuditLink, the audit and compliance division of CU*Answers, recently held its second Conversations on Compliance event here.
CHICAGO–Reverse mortgage volume continued its downward trend in May, plummeting to one of the lowest single-month endorsement totals in recent history, according to ReverseMortgageDaily.com.
WASHINGTON—The CFPB has taken action against a former Wells Fargo employee for an illegal mortgage fee-shifting scheme.
DUBUQUE, Iowa—Joe Hearn, president and CEO of Dupaco Community Credit Union, has been elected chair of the Credit Union Executives Society (CUES) board of directors.
WASHINGTON–Several election primaries for the House of Representatives are taking place today, with credit unions supporting candidates in several races.
