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NEW YORK— Banks are increasingly treating fraud prevention as a core business function rather than simply a back-end loss-control exercise, as faster payments, account takeovers and rising customer expectations force institutions to view fraud defenses as critical to growth and trust, according to new data from PYMNTS.

NEW YORK—Lawyers for consumers who won a proposed $17.5-million settlement with American Express over its long-running “anti-steering” rules are now asking a federal judge in New York to approve nearly $13 million in attorney fees and litigation costs, according to a new court filing first reported by Law360.

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Kathleen Coulombe

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MILWAUKEE— Corporate Central said it is continuing to invest in the future of the credit union movement by adding two de novo credit unions as members and broadening its support for organizations working toward full charters.