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NEW YORK–The biggest U.S. banks are reporting a banner year for profits during 2018.

SAN DIEGO—Already facing an increasing wave of ATM skimming attacks, credit unions are now being warned they must brace for “digital skimming” on home banking sites.

PARIS—Mobile transactions accounted for 40% in North America and 52% in Asia-Pacific of all transactions globally, a new report shows.

BOSTON—More than 45% of consumers who shop online complete their purchases via mobile smartphone, compared to just under 34% who use computers—showing how big a role mobile devices have come to play in shopping and payments, a new study reveals.

KARACHI, Pakistan—Telenor Microfinance Bank (TMB) revealed it will offer remittances between Pakistan and Malaysia using blockchain technology from Ant Financial, a move the company said would improve the security and speed of transactions.

ALBANY, N.Y.–The New York Credit Union Association said it has its 2019 state legislative priorities.

NEW YORK—Citi is rolling out a new credit card that will round up the number of rewards points consumers earn in an effort to get them to use their credit cards for smaller, routine purchases.

LANSING, Mich.–Ken Bixby, the former CEO of the Michigan Credit Union League, has passed away.

WASHINGTON–Street thieves who typically specialize in cashing out stolen credit and debit cards are now hedging their chances against being caught by carrying multiple counterfeit cards by relying on Fuze Cards,  a smartcard technology that allows users to store dozens of cards on a single device, according to a warning by the U.S. Secret Service and as first reported by Brian Krebs on his blog, KrebsOnSecurity.com.

WASHINGTON–With U.S. consumers holding more than $1 trillion in credit card debt, a new analysis offers insights into the true demographics of who owns credit cards, how much they charge on them, and whether they pay their balances on time.