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A group has been working with NCUA to charter WeDevelopment Federal Credit Union with the goal of helping Kansas City's low-income African-American community.
February 8
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S&P lowers the bank’s rating to A-minus following Federal Reserve sanctions on growth; 13 are arrested after alleging defrauding banks of $530 million over seven years.
February 8
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The information you need to start your day, from PaymentsSource and around the Web. Today: U.K. fintech investment sets record; Ripple expands in China; Venezuela pushes oil cryptocurrency; Google gets pressured on bitcoin ads.
February 8
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Like similar bans on using credit cards to buy stock and derivatives, banks would rather people use credit cards for other purposes than buying bitcoin, writes Alfred Duncan, a lecturer at the University of Kent.
February 8
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The concept of a digital payments platform that taps into consumer bank accounts is an old one. But there are still opportunities to implement it in new ways.
February 8
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There are still regions where contactless and EMV cards are slow to roll out, and Mastercard is working to bring these markets up to speed so that they are ready for future innovations.
February 8
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The U.S. banking arm of the Dutch lender Rabobank has forfeited nearly $370 million for anti-money-laundering deficiencies that authorities say allowed untraceable money transfers on behalf of criminals.
February 7
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Sen. Elizabeth Warren released a scathing report Wednesday on Equifax's handling of the data breach last year, part of an effort to gain backing for legislation to rein in the credit bureaus.
February 7
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After 21 years of being president and CEO, Katherine Hutchinson plants to retire once the Board of Directors selects a new leader.
February 7
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Former banker Eric Hepkins will take over from Ann Hood Feb. 28, the $422 million credit union reported.
February 7
