Legal field against some big banks getting crowded.
Multi-agency council, chaired by NCUA's Matz, says new guidance will be added to examiner expectations starting next year.
Wescom Resources Group is offering its credit union clients mobile person-to-person payment service from PayPal.
Group accused of stealing $1.5 million from CitiBank and JPMorgan Chase.
Wescom Credit Union CUSO now the latest credit union technology provider to offer integration with PayPal for person-to-person payments.
Former international banker Oskar Mielczarek takes helm of nation's largest ethnic credit union.
clearXchange billed as the first bank-owned P2P; credit union impact seen more in long term.
The National Consumer Law Center has issued a report that is critical of the fees many unemployed people have to pay because their states put unemployment benefits on cards.
Marketing firm Epsilon, a third-party vendor that manages customer e-mail databases for more than 2,500 clients, said an unauthorized entry into its email system took place last week, reportedly compromising millions of clients’ customer names and e-mail addresses.
The NCUA has threatened to sue four investment banks if they don’t refund $50 billion from the sale of mortgage-backed securities to five corporate credit unions that the agency conserved last year, according to several sources within the credit union industry.