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WASHINGTON– After examining the growth of financial transactions in online video games and virtual worlds, the CFPB said it has found the platforms “increasingly resemble traditional banking and payment systems that facilitate the storage and exchange of billions of dollars in assets,” and consumers being harmed by scams or theft on gaming platforms and not receiving the protections they would expect under federal law.

ST. PETERSBURG, Fla.—From a new brand to getting everyone in the right seats to providing answers to how the new organization will deliver for credit unions—the evolution of the new PSCU/Co-op Solutions combination is happening and at a quick pace, according to Brian Scott.

ST. LOUIS–Credit unions looking to help members may want to note that nearly three-quarters of Americans admit they have an “overspending problem,” with 16% saying spending has ruined their lives, according to a new survey.

NEW YORK—In what’s being described as one of the first uses of a virtual currency by financial institutions in a commercial product, three companies that provide cross-border payment services plan to use technology developed by startup Ripple that employs cryptocurrency XRP to speed transactions.

JACKSONVILLE, Fla.–First Florida Credit Union has also become first in going live to receive payments on the RTP Network and FedNow Service with Corporate America Credit Union via the Pidgin Exchange payments platform.