Compliance

ALEXANDRIA, Va. — NCUA has accepted a judgement offer of $129.6 million from Royal Bank of Scotland to resolve claims from losses related to purchases of residential mortgage-backed securities by Members United and Southwest corporate credit unions.

The window for moving financial services regulatory relief through Congress is rapidly closing, but there appears to be little hope that the partisan tensions that have stalled the process will ease in time.

Visa's ATM biometric trial in South Africa has the potential to spread a security technology that has encountered resistance in other parts of the world, including the U.S.

Credit unions flocked to the nation’s capital for the trade association’s annual pilgrimage to Washington, where executives have the chance to hear from politicians at the conference and then head to lawmakers’ offices to lobby on credit union issues.

Royal Bank of Canada's marching ahead on two innovations designed to help it blanket the country's mature point of sale and connected devices.

WASHINGTON — One of the top anti-money laundering regulators warned credit unions Tuesday that many do not appear to be properly following reporting requirements.

Monaco, previously senior economist at the regulator, succeeds Worth, who left last month.

Fintech firm Tanium says it has found a unique method for securing the tens of thousands of vulnerable points in the computer networks of banks and other companies.

Banks are starting to lay traps for cybercriminals that have broken through their defenses.

New York's banking regulator has reached an agreement with four of the banks developing an online message service to store records for potential access by regulators and other officials.