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WASHINGTON–Senator Elizabeth Warren (D-WA) has introduced legislation that would require credit unions to be examined for compliance under the Community Reinvestment Act (CRA), drawing immediate pushback from the credit union trade groups.

WASHINGTON—The U.S. Secret Service is warning financial institutions about a recent uptick in a form of ATM skimming that involves cutting cupcake-sized holes in a cash machine and then using a combination of magnets and medical devices to siphon customer/member account data directly from the card reader inside the ATM, KrebsOnSecurity reported.