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In a recent letter, two trade groups representing that industry lobbied Treasury Secretary Steven Mnuchin to support a bill that would give oversight of nonbank mortgage lenders exclusively to state regulators.
October 2 -
Rosek brings more than 30 years experience in the credit union movement to the $171 million-asset institution.
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The TCPA must be amended to better reflect modern communication tools, and those changes should be done in a way that benefits credit unions and their members.
October 2
America's Credit Unions -
The Dallas subprime auto lender named Juan Carlos Alvarez de Soto CFO on Friday. He succeeded Ismail Dawood, who had been CFO since December 2015 after working at Bank of New York Mellon.
October 2 -
A form of digital money known as Monaco gained as much as 695 percent in value since May 17, when its issuing company tweeted that it would offer a Visa Inc.-branded payment card.
October 2 -
Equifax mismanaged its recovery by asking for personal information to determine if a user was affected and then issuing a predictable PIN code to those who requested a credit lock, moves that diluted confidence in the company, writes Timothy Crosby, senior security consultant for Spohn Security Solutions.
October 2
Spohn Security Solutions -
Current CEO Randy Bernstein is retiring after a 20-year career at the credit union.
October 2 -
Though many of its policies were in place before news of the Equifax breach came out, Mountain America Credit Union is doubling down on its approach to protecting member data.
October 2 -
A number of banks and business groups sue to block prohibition on mandatory arbitration; credit bureau weighs how far back to look in denying compensation.
October 2 -
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Equifax breach may have had inside help; Capital One's card game; HSBC gets forex fine; South Korea bans ICOs.
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