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The Pittsburgh bank is using software initially developed by a fellow mutual to help build out its platform.

The Federal Housing Administration is aiming to limit the share of borrowers who have been withdrawing money from the value of their homes.

Credit unions have announced a number of new hires and promotions in areas such as lending and retail operations.

Standardizing charge backs would make management easier, and merchants would only have to understand one set of protocols, which could also standardize responses, says Monica Eaton-Cardone, COO of Chargebacks 911 and CIO of its parent company Global Risk Technologies.

The health care payments market is big – accounting for over one in six dollars of the U.S. GDP – yet it remains perpetually outdated with its heavy reliance on using paper statements for sending out bills.

If your employees are unhappy, your customers will be the first to notice. Showing a little appreciation may be an investment in keeping both.

The pilot program will give out grants up to $25,000 so smaller low-income minority depository institutions can set up mentoring programs with larger credit unions.

The FBI is looking into whether Italy’s largest bank was also hacked; about 4.5 million people have already inquired about getting a cash settlement with the credit bureau.

The information you need to start your day, from PaymentsSource and around the Web. Today: Google Pay adds security for UPI in India; Fold offers crypto rewards for mobile pay; U.K. convenience chain deploys checkout-free tech; Singapore bank installs QR code ATMs.

Anti-money-laundering regulations are among the most costly, and few criminals get caught. Banks say there’s a better way.