The Latest

Eris Exchange, an over-the-counter futures market based in Chicago, is trying to stop Eris Industries, a London tech startup, from using the name Eris in markets where both companies operate.

The Payments U.K. council has delivered the first draft of the ISO 20022 payment messaging standard, fulfilling an earlier promise that it says will pave the way for a globally interoperable real-time payments system.

The trade group representing state regulators and state-chartered CUs is pressing NCUA for more details on why the agency believes OTR shouldn't be subject to public notice and comment.

Western Union has added several European countries to its WU.com online money transfer service, using an omni-channel strategy to fuel its expansion.

Regulators need to be able to impose tough requirements on foreign banks with U.S. units in order to safeguard the domestic financial system from turbulence abroad. Sen. Richard Shelby's proposal to raise the asset threshold for systemically important banks would put that ability in jeopardy.

Many payment companies are hosting hackathons to attract developer talent from outside their own ranks; MasterCard found that its own people are just as eager to bring their ideas to life.

National Youth Involvement Board, Youth Ambassador Contest bestow honors and other CU people in the news.

Anthony Murgio, who is accused of running a Bitcoin exchange that laundered money and who has been linked to one of the largest bank hacks in U.S. history, can remain free on $100,000 bail.

Debt collection giant PRA Group reported growth in revenue, net income and cash collections for the second quarter.

Because the size and structure of current private balance sheets depend upon low interest rates, it will be tough for the Federal Reserve to raise rates without upsetting the economic expansion.