Firing Of NCUA Democrats Harper and Otsuka Sparks Capitol Hill Buzz 04/21/2025 12:34 pm WASHINGTON—The firing of NCUA Democratic Board Members Todd Harper and Taya Otsuka are driving a great deal of conversation on Capitol Hill, the Defense Credit Union acknowledged.
Credit Union Members Prioritize Data Security As Biometric Adoption Rises 04/21/2025 06:54 pm NEW YORK—Credit union members are becoming increasingly concerned about protecting their data, reveals a new study that also shows a high percentage of CUs are planning to offer biometric authentication or digital identity in the next three years.
PayPal Surpasses $30B In Global Small Business Lending 04/21/2025 06:54 pm SAN JOSE, Calif.— PayPal has passed $30 billion in global loan originations and has extended more than 1.4 million loans and cash advances to more than 420,000 business accounts globally since 2013, the company announced.
Debit Card Fraud Leads Financial Losses In 2024 04/21/2025 06:57 pm WASHINGTON—A Federal Reserve survey of risk officers at financial institutions found that debit card fraud was the leading driver of fraud losses in 2024, closely followed by check fraud, ABA Banking Journal reported.
NACUSO Announces 2025 CUSO Of The Year Winners 04/23/2025 12:59 pm LAS VEGAS—The National Association of Credit Union Service Organizations (NACUSO) announced the winners of the 2025 CUSO of the Year Awards during its Reimagine Conference at the Wynn in Las Vegas.
Fed’s Beige Book Highlights Trade Policy Jitters Amid Stable Economic Indicators 04/23/2025 03:58 pm WASHINGTON—Lingering uncertainty around trade policy has clouded the outlook for the U.S. economy. While business confidence has grown more cautious, core economic indicators remain stable, the Fed’s third Beige Book report of the year shows.
