Michael Larkins goes public after refusing to pay back a cashed bad check from his shuttered employer.
Fintech lenders fight for the freedom to innovate while NAFCU and the ABA call for more regulation.
Credit unions can deliver the service to their members through the My Mobile Money app.
Larry Damm's successor will be SVP/COO Kevin Wilmoth.
The monthly growth rate for Malauzai's Picture Pay, which allows users to pay a bill by snapping its picture, is at 2.5%.
About 65% of credit unions would be eligible for regulatory relief.
Thomas J. Smalarz served SCU for more than 35 years.
The bill proposals also include an 18-month exam cycle, a repeal of the Volcker rule and a CFPB commission.
Brooke Vernier of Michigan targets the credit union and two banks in a circular check-kiting scheme for three years.
Card Management Services for Digital Banking allows consumers to view in-app, real-time card data alongside other account info.