EATON, Md.–D. Michael Riley, the long-time executive with NCUA who was involved in numerous pivotal decisions, has died. Mr. Riley was 77.
Fresh Today
WASHINGTON—The Community Development Financial Institutions (CDFI) Fund will conduct a webinar Jan. 31 to help organizations understand the requirements of its revised CDFI Certification Application.
DALLAS—Early bird registration for ALM First’s 2024 Financial Institute, which will be held March 24 – 27, 2024 in Dallas, will end on Feb. 16.
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has unveiled its long-awaited proposal around junk fees, saying the intention is to block banks and other financial institutions from one potential source of new junk fee revenue – fees on transactions declined right at the swipe, tap, or click.
NEW YORK–Manhattan’s district attorney is warning consumers over surging fraud on various popular payments apps, including Venmo, Cash App, PayPal, Zelle and others. Their convenience makes them “breeding grounds for theft,” according to Alvin Bragg.
NEW YORK—It’s increasingly clear that Americans are turning to alternative payment methods such buy now, pay later apps to make ends meet, a new study shows.
PHOENIX–Desert Financial Credit Union said it is returning $20 million to members as part of its annual Member Giveback Bonus, a 25% increase from its 2023 bonus.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) should revisit its convertible virtual currency (CVC) mixing proposal to avoid covering the majority of financial institutions by a rule that should be targeted at a “relative few,” America’s Credit Unions wrote to the agency.
WASHINGTON –More credit union members and prospective members could have greater access to online banking solutions—especially in underserved communities--following the approval by Treasury of more than $228 million for high-speed internet projects in New York under the American Rescue Plan’s Capital Projects Fund (CPF).
ST. PETERSBURG, Fla.–After having earlier announced the theme of its THINK 24 Conference, PSCU/Co-op Solutions has now begun announcing the keynoters for the event.