WASHINGTON—The way Fannie Mae and Freddie Mac define and enact polices related to first-generation homebuyers is concerning, a host of trade groups that includes stated America’s Credit Unions and the Housing Policy Council in a letter to the Federal Housing Finance Agency (FHFA).
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WASHINGTON–A new report from the Financial Crimes Enforcement Network (FinCEN) has found more than 15% of active FBI investigations in fiscal year (FY) 2023 were linked to anti-money laundering tools such as currency transaction reports (CTRs) and suspicious activity reports (SARs).
WASHINGTON–What do you think about the potential uses, opportunities and risks when it comes to artificial intelligence in the financial services sector?
JACKSONVILLE, Fla.–Community First Credit Union has named a new president and CEO to succeed John Hirabayashi upon his retirement effective Aug. 31.
BOSTON–New records were set in May for rent delinquencies by small businesses during May, according to Alignable’s May Revenue & Rent Report.
MARLBOROUGH, Mass.–The Cooperative Credit Union Association has wrapped up its inaugural Fintech Connect event.
WASHINGTON–The Defense Credit Union Council (DCUC) has announced three people will be honored with induction into its DCUC Hall of Honor.
BENTONVILLE, Ark.—Capital One and Walmart are reporting they have ended the agreement that made Capital One the exclusive issuer of Walmart's consumer credit cards.
MADISON, Wis.–The World Council of Credit Unions will host a webinar today titled “ATM Crime: It's What You Don't Know That Can Hurt You.”
SAN FRANCISCO—Stripe has introduced an open banking-powered payment method in the United Kingdom.