Compliance

Credit union regulator outlines 2021 supervisory priorities

01/15/21

Cybersecurity remains a priority along with CARES Act compliance, flexibility for borrowers impacted by the pandemic and more.

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When rioters attacked the Capitol, these payment companies were quick to respond

01/15/21

Some companies cut off the flow of cash to insurrectionists, while others put a halt to their political spending. Their actions came quickly after the events of Jan. 6.

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NCUA takes over Indianapolis' Newspaper Federal Credit Union

01/15/21

In placing the $6.6 million-asset institution in conservatorship, the regulator has taken charge of two credit unions in just the first two weeks of the year.

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NCUA board splits over changes to controversial capital rule

01/14/21

In a party-line vote, the agency issued a proposal that would redefine a "complex" credit union.

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Visa's plan to move on from Plaid

01/13/21

After calling off its bid to buy the data aggregator Plaid, the card network is shifting its focus back to its role as an enabler of digital payments and related services.

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What Democrats' control of Congress could mean for credit unions

01/13/21

A Democratic majority in Washington may help advance a number of key legislative issues for the industry, such as passage of a national data security standard. However, it could also lead to a renewed focus on consumer protection laws.

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Visa and Plaid call off merger, ending DOJ litigation

01/12/21

Visa and Plaid have terminated their tie-up and reached an agreement with the Department of Justice to dismiss the litigation brought against them when the deal raised antitrust questions.

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PayPal blocks group that helped Trump supporters travel to D.C.

01/07/21

PayPal Holdings closed an account held by Joy In Liberty, one of the groups that paid for supporters of President Donald Trump to travel to Washington, where mobs stormed the U.S. Capitol on Wednesday.

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Amex said to face inquiry into business credit card sales tactics

01/07/21

American Express is reportedly under investigation by top federal agencies exploring allegations of unethical sales tactics by the company’s small-business credit card sales representatives.

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Credit union groups continue remote notarization push

01/07/21

While some legislatures have extended provisions temporarily allowing online notaries, other lawmakers are pushing for those rules to be made permanent.

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