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.
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, The Wall Street Journal reported today.