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NEW YORK—Credit unions will need to renew their vigilance, as fraud related to card skimming in the United States grew by nearly 500% in 2022 and is showing signs it will grow even faster this year, according to a recent analysis by FICO.

NEW YORK—It appears more bad news is mounting related to the growing amount of consumer credit card debt.

ARLINGTON, Va.—Total vehicle sales declined in February, falling from 16.4 million annualized units in January to 15.3 million units, although monthly sales levels rose 11.8% year-over-year.

ALEXANDRIA, Va.–NCUA said it will host its 2023 Diversity, Equity, & Inclusion Summit on Nov. 1–2. The event will be held in the Washington area.

GREENVILLE, S.C.–To fill what it said is a void in youth financial education, uncommn, owner of the Dollar Dog Kids Club, said it has partnered with Kiddie Kredit to offer the service at a discount to its credit union clients that use Dollar Dog. 

WESTBY, Wis.–Westby Co-op Credit Union has selected the Aperture Collections solution from AKUVO.

WASHINGTON— In a letter sent to federal regulators that include NCUA, concerns over a recent bulletin from the Securities and Exchange Commission that tells cryptocurrency platforms they should consider their customers’ digital assets when performing risk analyses are being raised by House Financial Services Committee Chairman Patrick McHenry (R-NC) and Sen. Cynthia Lummis (R-WY).

BROOKFIELD, Wis.–The number of digital banking users continues to grow, delivering significant benefits to financial institutions that offer these services, according to a “digital engagement intensity study” released by America First Credit Union and Fiserv.