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SAN FRANCISCO--Former credit union CEO Dennis Devine has been appointed to lead business banking at Wells Fargo, according to a report by Reuters.

WASHINGTON— After months of rhetoric around a proposed 10% credit card interest rate cap and repeated signals of support for the Credit Card Competition Act, President Donald Trump made no mention of either issue during Tuesday night’s State of the Union address — a notable omission for banks and credit unions that had been bracing for potential policy signals.

WASHINGTON--This week the Defense Credit Union Council submitted four comment letters to NCUA in response to the agency’s second round of proposed regulatory changes under its ongoing Deregulation Project.

WASHINGTON— Mortgage applications increased 0.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 20.

TAMPA--Optiri, a wholly owned subsidiary of Trellance Cooperative Holdings, Inc., is adding Penetration Testing to its roster of IT and cybersecurity offerings, the company announced.

FLORHAM PARK, N.J.--A cyberattack on Conduent Business Services has exposed the personal data of more than 25 million Americans, making it potentially the largest data breach in U.S. history, according to security analysts.