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ARLINGTON, Va.–Relief provided to credit unions under a recent interim final rule from NCUA is helpful, but there are additional relief steps that can be taken to help larger credit unions as they scramble to prepare for enhanced supervisory requirements, NAFCU told the agency.

PHILADELPHIA – The former CEO of a credit union management company, whose actions have been blamed for the failure of six credit unions, has been sentenced to prison and ordered to pay restitution as the result of an embezzlement.

WASHINGTON–Fed Chairman Jerome Powell has released a new video in which he said the Federal Reserve is studying technological advances in the global payments landscape and exploring ways that it might refine its role as a core payment services provider and as the issuing authority for U.S. currency.

SNELLVILLE, Ga.–The African-American Credit Union Coalition (AACUC) is being featured in The New York Times Black Wall Street virtual storefront, which starts May 25.

MADISON, Wis.—The World Council of Credit Unions has launched a monthly podcast it said is designed to provide the “international credit union community with an in-depth look at some of the interesting and important stories we have to tell, particularly in the areas of international advocacy, international projects, education and networking, and digital transformation.”

SAN JOSE, Calif.—PayPal Holdings  plans to move several core payment-processing applications to Google Cloud as the company experiences an upswing in activity fueled by changing consumer spending habits, The Wall Street Journal reported.

CONCORD, N.H.–Eight brand-new job openings, including two CEO positions, have been added to CUToday.info’s free job board, the Gig. Those are in addition to the four jobs that were previously announced several days earlier.

MILWAUKEE – Corporate Central has hired Adilet Momunaliev as its newest Software Engineer.

OCALA, Fla.–Ocala Community Credit Union said it is now offering its members contactless and recycled plastic cards.