EAST LANSING, Mich.—Millennials are being targeted by a new scam in which criminals steal money from accounts via the victim’s ATM card.
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AUSTIN, Texas—Prize-linked savings accounts are getting closer to becoming a reality in Texas. HB 1628 by Rep. Eric Johnson (D-Dallas) and Sen. Jose Rodriguez (D-El Paso) was voted out of the Senate Business and Commerce Committee last week.
WASHINGTON—A white paper that calls for the U.S. Postal Service to expand into financial services has been met with opposition by credit unions.
WASHINGTON—The Federal Trade Commission has temporarily halted three debt collection operations, alleging they threatened and deceived consumers via illegal text messages, e-mails and phone calls.
LAS VEGAS—CU Direct recognized five credit unions with honors during the company’s Drive ’15 conference here.
MADISON, Wis.– The CUNA CFO Council has announced its 2015 executive committee.
BURLINGTON, Mass.—Hanscom FCU is working to build anticipation for the opening of a new branch here with a “Crack the Vault” promotion.
PURCHASE, N.Y.—MasterCard reports that it has failed to reach a settlement with Target Corp over claims related to the 2013 data breach at the retailer due to a key condition not being met.
ALEXANDRIA, Va.—NCUA plans to make adjustments to business lending rules to streamline the process for CUs and to remove limits in some areas.
WASHINGTON—In a party-line 12-10 vote after mark-up Thursday, the Senate Banking Committee approved the “Financial Regulatory Improvement Act,” a draft regulatory relief bill authored by committee Chairman Richard Shelby (R-AL).