DUBLIN, Ireland–Lending among Ireland’s credit unions has surged 14% over the past year driven primarily by a significant rise in mortgage lending.
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PURCHASE, N.Y.—Leap Financial reported it is partnering Mastercard to launch an embedded remittance service.
WASHINGTON–The FDIC has announced two moves that will allow for the creation of a new industrial bank in Salt Lake City and then for the merger into that new entity by a federal credit union, essentially converting the credit union into a bank.
LAWRENCEVILLE, Ga.—New vehicle sales climbed to 15.4 million units in 2023, a 10% growth over 2022, according to Black Book, which is also reporting a “return to health” of the used vehicle wholesale market.
NEW YORK—While shoppers continue to make online purchases via their laptops, retailers have been pushing to get even more purchases made using their phones—and they appear to be succeeding, according to one new report.
NEW YORK—Cybercriminals are targeting European banking clients with a phishing-as-a-service platform that retails for between $130 and $450 per month and allows fraudsters to bypass multifactor authentication, according to a new report.
MEMPHIS, Tenn.— Orion Federal Credit Union has named a new president and CEO to succeed the retiring Daniel Weickenand, who is stepping down at year end.
WASHINGTON— The Secure Payments Act, which would halt implementation of the Federal Reserve’s debit interchange proposal until its impact can be studied, is getting support from America’s Credit Unions.
WASHINGTON—In conjunction with World Elder Abuse Awareness Day this month, the Financial Crimes Enforcement Network (FinCEN) is reminding financial institutions to “remain vigilant” in identifying and reporting suspicious activity related to elder financial exploitation (EFE).
WICHITA, Kan. – Skyward Credit Union has named a new president and CEO to succeed Kevin Wilmoth, who will be stepping down effective Jan. 31, 2025.