Fintech

Volkswagen AG's "goodwill gesture" of $1,000 worth of gift cards to owners of cars with engines that pollute more than the law allows is helping the company identify those autos when it comes time to fix them, Audi of America President Scott Keogh said Tuesday.

The American Action Network's provocative television commercial introduced millions of Americans to one of the most powerful and unaccountable government agencies in Washington.

Business services CUSO CU Business Group, LLC on Tuesday said it has added 35 new credit union clients so far in 2015, allowing it to top the 500-credit union milestone.

The California and Nevada Credit Union Leagues on Tuesday announced a partnership with the National Federation of Community Development Credit Unions to help interested credit unions in both states become designated as "Juntos Avanzamos" (Spanish for "Together We Advance") organizations.

With holiday season fast approaching, the National Credit Union Foundation is hosting a Twitter chat on giving.

The board of directors of the Wisconsin Credit Union League on Tuesday said it has signed a “Resolution of Interdependence” that affirms its commitment to dual membership in the league and CUNA.

Though lending is still where much of a CU’s income comes from, and CUs have seen 18 straight quarters of loan growth, CUs are seeing weaker profits, according to SNL Financial.

A group of attorneys general from eight states and the District of Columbia have jumped into the debate over PIN versus signature requirements for EMV cards, choosing the side of retailers.

Even before several leagues had come out in support of eliminating the dual membership requirement, CUNA was already contemplating significant changes to its structure, a memo obtained by Credit Union Journal reveals, despite the board having previously voted down such changes in September.

Industry advocates say Consumer Financial Protection Bureau curbs on arbitration will eliminate a favored legal option, but where's the evidence that banks really prefer arbitration?