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WASHINGTON—The CFPB has updated its small entity compliance guide for its prepaid rule with information about how to use the new online submission platform, Collect.

ALBANY, N.Y.—The New York State Attorney General’s office has accused the operator of the Bitfinex cryptocurrency trading platform and the issuer of the Tether currency of engaging in a cover-up to hide the apparent loss of $850 million in client and corporate funds, a new report indicates.

MIAMI BEACH, Fla.–The former chief marketing officer for Beats by Dre had some music for the ears of credit unions here when it comes to blocking out all the other competitive noise in the marketplace.

OLYMPIA, Wash.—Washington State has passed legislation that acknowledges and defends the legal standing of digital records related to distributed ledgers like blockchains.

BURNSVILLE, Minn.–Firefly Credit Union is reporting its relationship with a local financial counseling service has now led to nearly $4 million in consumer debt having been paid off over the past decade.

JANESVILLE, Wis.–Police here are seeking help in identifying members of the so-called “Felony Lane Gang,” which has been robbing credit unions and other FIs in the area.

HARRISBURG, Penn.­­–To celebrate Public Service Recognition Week, which begins May 5, Pennsylvania State Employees Credit Union said it will be offering free coffee at a number of restaurants and coffee shops in Bethlehem, Harrisburg, and State College, Pennsylvania.

MADISON, Wis./WASHINGTON– Seven new specifications are now available to credit unions utilizing Credit Union Financial Exchange (CUFX), according to the CUNA Technology Council.

WASHINGTON — The Office of the Comptroller of the Currency (OCC) has opened a 45-day public comment period on a proposed Innovation Pilot Program that would allow companies to test new ideas.

NEW PROVIDENCE, N.J.–Mergers have been approved by members in New Jersey and Illinois.