WASHINGTON — Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned 12 individuals in executive and senior leadership roles at Russia-based AO Kaspersky Lab (Kaspersky Lab), and has banned the company from selling its antivirus software products in the United States.
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NEW YORK–A major retailer and major card issuer who had earlier announced plans to break up their partnership have now made up.
MOUNTAIN VIEW, Calif.—Google is notifying some advertisers that they must transition away from paying for Google Ads via credit or debit card by July 31 or face account suspension.
STOCKHOLM, Sweden–Credit unions have another reason to pay attention to Klarna beyond the competition it provides via its buy now, pay later solutions.
MIAMI—With Americans owing more than $13,000 in auto loan debt per household and $1.6 trillion in total, a new analysis lists the U.S. cities in which residents are seeing the largest increases in auto loan debt.
BASEL, Switzerland—The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) has outlined its strategic priorities for its 2024/25 work program, which includes a focus on digital money.
WASHINGTON–In a case that has had the attention of credit unions, the Supreme Court thas turned away what has been a longstanding legal precedent and as a result reduced the power of executive government agencies—potentially including NCUA--and in the process raising countless questions around regulations.
LONDON–Consumers are increasingly using mobile wallets such as Apple Pay and Google Pay to make payments, and the reasons won’t come as much of a surprise to anyone, new research has found—and perhaps neither will the threat to traditional financial services providers.
NEW YORK–Should credit union CEOs and other C-suite execs also be worried about losing their jobs to artificial intelligence?
NEW YORK–It isn’t just credit union call centers being inundated with members disputing credit card charges—the volume of calls is surging everywhere.