Fresh Today

WASHINGTON—Fifty-one attorneys general and 12 of the largest telephone companies in the U.S. have signed a pledge to combat illegal robocalls by implementing call-blocking technology at no cost to consumers and a new caller identification framework known as SHAKEN/STIR.

JACKSON HOLE, Wyo.—With the Federal Open Market Committee meeting here this week as part of its annual retreat, newly released minutes from its July meeting show strong internal divisions over whether to cut rates.

WASHINGTON—Existing home sales grew 2.5% during July, according to data from the National Association of Retailers.

WASHINGTON–While the labor market remains sound, the numbers aren’t quite as strong following a downward revision of 500,000 jobs by the Department of Labor—although the market remains tight in the financial services field. The DoL has made a revision in its analysis of job gains from April 2018 to March 2019 by 501,000, the largest downward revision in a decade.

LONG ISLAND, N.Y.—NEFCU has selected Fiserv as its new core processor. The company said the decision will help “drive innovation in an increasingly digital banking environment.”

PORTSMOUTH, N.H. – Gordon Simmons, the former CEO of Service Credit Union, along with the credit union itself have settled lawsuits that alleged breach of contract and sexual and financial wrongdoing.

SEOUL, South Korea–Federal investigators have made arrests in an identity theft scheme that allegedly involved thousands of U.S. service-members and veterans that also reportedly involved members of at least one credit union.