TOKYO — PayPay, the SoftBank-backed Japanese payments app, has publicly filed for a U.S. initial public offering, moving ahead with a long-anticipated stock market debut that had been delayed by the recent U.S. government shutdown, according to reporting by Reuters.
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WASHINGTON—The American Bankers Association is urging NCUA to more closely align with federal banking regulators as it considers rolling back certain advertising disclosure requirements for credit unions.
WASHINGTON – Saturday, at America’s Credit Unions 2026 Governmental Affairs Conference, Karen Harbin, president/CEO of Commonwealth Credit Union in Kentucky, was announced as the new chair of the America’s Credit Unions board of directors.
PASADENA, Calif.—The $6.36-billion Wescom Financial here is planning 72 permanent layoffs effective April 21, 2026, according to California Worker Adjustment and Retraining Notification (WARN) records.
ALEXANDRIA, Va. ― NCUA issued one consent-based prohibition and four conviction-based prohibitions in February, the agency announced.
WASHINGTON--The Defense Credit Union Council has released its 2026 Advocacy Priorities Toolkit and supporting handouts to help credit unions effectively navigate policy, legislative, and regulatory initiatives across the United States and overseas.
WASHINGTON--A bipartisan group of 30 senators introduced the Access to Fair Financing for Opportunity and Resilient Development (AFFORD) Act Thursday, America's Credit Unions reported.
WASHINGTON--Thursday, the Defense Credit Union Council sent a letter to Senators Alex Padilla (D-CA) and Kevin Cramer (R-ND) urging the inclusion of the Central Liquidity Facility (CLF) Enhancement Act language in the upcoming Housing for the 21st Century Act as it moves to the Senate floor.
PLANO, Texas— Marquis Software Solutions has filed suit against SonicWall, alleging a 2025 cloud vulnerability enabled a ransomware attack that exposed sensitive data tied to hundreds of financial institutions, including many credit unions.
WASHINGTON— NCUA Chairman Kyle Hauptman used his appearance before the Senate Banking Committee Thursday to draw a sharp line between rulemaking and enforcement, telling lawmakers NCUA has formally codified a policy rejecting “regulation by enforcement” and is undertaking a sweeping review of its own rulebook — even as it advances stablecoin regulations under the GENIUS Act framework.
