LIVONIA, Mich.–CU Solutions Group is reporting its Love My Credit Union Rewards program, which seeks to enhance the value of CU membership, and Sprint have concluded their joint “CU Employee CELLebration Sweepstakes” by rewarding more than a dozen credit union employees.
KIEV, Ukraine–Brian Branch, CEO of the World Council of Credit Unions (WOCCU), met with officials here to discuss the status of the Credit for Agriculture Producers (CAP) Project, a four-year initiative by USAID that runs through 2020 and which is being implemented by WOCCU with oversight and technical assistance from Volunteers for Economic Growth Alliance (VEGA).
NEW YORK—Are enforcement efforts and fines by the U.S. government slowing money laundering at financial institutions? One new report suggests they are not.
ALEXANDRIA, Va.—Following a report that suggested NCUA might have been the source for private data hackers obtained on BSA officers at CUs targeted by a phishing attack, the agency asserts that its private data has not been compromised.
WASHINGTON–A malware-laced phishing campaign that targets specific employees responsible for anti-money laundering has been hitting some credit unions, and some suspect the list of those being targeted was obtained from non-public data from NCUA, according to a report from Krebs on Security.
WASHINGTON–The Senate Banking Committee has announced the date of the confirmation hearing for two nominees for the NCUA Board.
WASHINGTON–While the credit union trade groups said they welcome a decision by the CFPB to delay a rule requiring payday lenders to prove borrowers’ ability to repay, two consumer groups are objecting to the decision.
WASHINGTON—The Financial Accounting Standards Board (FASB) is seeking comments on a proposed update to the current expected credit loss (CECL) standard.
SAN DIEGO–A court has ruled that a trademark violation lawsuit between two credit unions can continue.
MADISON, Wis. —The World Council of Credit Unions said the Sunday night keynote speaker at the 2019 World Credit Union Conference will be Connie Dieken who will present on how to influence change.