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August 29, 2014

8 CU advisory members, senior leaders named by CFPB

Washington
The Consumer Financial Protection Bureau has announced new members of the Credit Union Advisory Council, as well as new senior leaders and other advisory board members. ReadMore

Next major financial shock will come from cyberattack, says IOSCO head

Washington
Cybercrime is a "sleeper issue" with the potential for huge impact on markets, says Greg Medcraft, chairman of the board of the International Organisation of Securities Commissions, according to a report Monday in the Financial Times . ReadMore

Wal-Mart to issue EMV MasterCards within next few weeks

Washington
Wal-Mart has announced holders of its branded MasterCard will be receiving new cards with EMV chips embedded within the next few weeks. ReadMore

FTC warns of government impostor scams

Washington
Even if a phone's caller ID says "Federal Trade Commission" or "Internal Revenue Service" and shows a Washington, D.C., area code, it could still be scammers, the FTC warned in a recent announcement. ReadMore

N.J. money services biz fined for repeated BSA violations

Washington
A New Jersey-based money services business has been fined for "willful and repeated violations" of the Bank Secrecy Act, the U.S. Treasury's Financial Crimes Enforcement Network announced Thursday. ReadMore

Inside Washington(1)

Washington

WASHINGTON (8 29 14) The Consumer Financial Protection Bureau unveiled a new publication, "Financial Wellness at Work ." The report provides case studies designed to educate employers

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News Now LiveWire
Expanded ATM services at branches attractive to members: @CFIGroup. See #NewsNow Friday
12 hours ago
#FinCEN imposes civil money penalty against NJ's BPI money services co. for #BSA violations http://t.co/WnDzOcxdOZ
15 hours ago
.@ABCULCUs give hat tip to America's #100MM #creditunion milestone http://t.co/q8yo6Lx3LM
15 hours ago
The @CFPB has announced new Credit Union Advisory Council members, as well as other senior leaders, advisory board and council members.
16 hours ago
GDP expanded 4.2% on an annualized basis in 2Q according to Bureau of Economic Analysis
17 hours ago