The New Risk To The Bottom Line 10/13/2021 07:44 pm SEATTLE—One CU is recommending every credit union look closely at where its loans are made geographically and model out the impact climate change could have on them. And perhaps also consider its own role in helping to mitigate the threats of a warming planet.
Two People Arrested in Huge Scam Involving Target Gift Cards; Older People Were Frequent Victims 10/13/2021 07:45 pm LOS ANGELES – Federal authorities have arrested two people named in an indictment that alleges a scheme to launder the proceeds of scams sent to fraudsters via Target gift cards, the Department of Justice reported.
Fed To Adopt ISO 20022 Spec For FedWire 10/13/2021 07:46 pm WASHINGTON—The Federal Reserve Board announced it will adopt the ISO 20022 message specification for the FedWire Funds Service.
DoJ Introduces 2 Initiatives Aimed at Failures to report Cyber-Breaches 10/13/2021 07:46 pm WASHINGTON—The Justice Department has unveiled two new enforcement initiatives aimed at targeting cryptocurrencies and government contractors who fail to report cyber breaches.
Another Big Bank Getting Into Cryptocurrency Custody Business 10/13/2021 07:47 pm MINNEAPOLIS, Minn.—U.S. Bank, the fifth-biggest retail bank in the nation, has announced that its cryptocurrency custody service is available to fund managers.
One Unicorn Within the Top 3 in Tech Will Not Surprise CUs 10/13/2021 07:46 pm LONDON–Half of the 751 tech-focused unicorns worldwide operate in just three themes, and one of them will be of little surprise to credit unions.
Ascend Federal Credit Union Promotes Wells to Associate Financial Advisor 10/13/2021 06:10 pm TULLAHOMA, Tenn. – Ascend Federal Credit Union has promoted Joshua Wells to associate financial advisor on the Ascend Retirement and Investment Services wealth management team.
STCU Fills Two Key Positions 10/13/2021 03:24 pm SEATTLE--STCU has filled two key positions with candidates who have years of experience.
