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WESTLAKE, Texas–A software bug in a recent update of software at Compound, a decentralized finance (DeFi) platform, resulted in users being sent nearly $90 million-worth of cryptocurrency in error, leaving its CEO to beg for users to voluntarily return the money.

MARLBOROUGH, Mass.–The Cooperative Credit Union said it has entered into a new partnership designed to offer credit unions the ability to offer improved benefits at a lower cost.

CINCINNATI—Car lease credit applicants registered a 71.3% approval rate in August, an  increase from the 70.0% rate seen in July, Swapalease.com is reporting.

WASHINGTON—U.S. senators Maggie Hassan (D-NH) and Joni Ernst (R-IA) have proposed new legislation that would require the Treasury Department and other agencies to track crypto mining and use cases worldwide.

ARLINGTON, Va.—Growth in member share accounts, the biggest factor behind the post-COVID decline in the National CU Share Insurance Fund’s equity ratio, appears to be moderating, according to NAFCU's latest Economic & CU Monitor.

TERRE HAUTE, Ind. ––Indiana State University FCU has named a new president and CEO.

WASHINGTON—Economic growth for the remainder of 2021 will be below an original forecast, according to CUNA, which has updated its June economic forecast.

MCLEAN, Va.—Capital One will begin testing a buy now, pay later product this year as competition for consumer loans builds from financial technology firms providing merchants with easy ways to offer cheap financing for purchases.

ONTARIO, Calif.–Origence has announced a number of new updates to its series of webcasts, nearly all related to auto lending.

DENVER, Colo.– Westerra Credit Union said it will continue to support  continued support of the Colorado Homeownership Coalition (CHC), a charitable organization designed to provide mortgage assistance to homeowners experiencing a temporary disruption in income to avoid delinquent mortgage payments and ultimately resume self-sufficiency.