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Fincen and others say third parties are proving to be treasure chests for crooks who create synthetic identities, but aggregators argue they help detect risk banks can’t see.

CUs in the Great Lakes State continue to see positive growth, but several key metrics are increasing at a slower pace.

Gulf Capital Bank has received conditional approval from state and federal officials and could be up and running late this year or early next year, its organizers say.

Ascentra Credit Union Foundation awarded $100,000 to Junior Achievement for financial literacy while other institutions donated money for a variety of causes.

How PayPal obtained a payments license to operate in China — an achievement that’s long frustrated the biggest U.S. banks and payments networks — sheds light on the unique challenges of breaking into the world’s biggest payments market.

She turned around troubled business units, rebounded after a demotion and beat cancer. Now Bank of America’s chief operations and technology officer is taking on her biggest challenge yet: ensuring AI is used responsibly.

Bankers are expected to field numerous questions on third-quarter earnings calls about the threat of shrinking loan yields, stubbornly high deposit prices and what they're going to do about them.

HSBC's shortlist for its next chief executive includes Stephen Bird, Citigroup's head of global consumer banking, and RSA Insurance Group CEO Stephen Hester, Britain's Sunday Times newspaper reported.

To really solve cash management struggles once and for all, it’s critical to start by targeting necessary process improvements, says Bottomline Technologies' Bill Wardwell.

The institution also remained well capitalized and its membership rose in the first half of the year.

Annual fees for Platinum cards for consumers and small businesses will increase to $250 from $195, while Reserve cards go up by $100 to $550. Gold cards will rise slightly from $95 to $99.

The use of data-rich messaging through the ISO 20022 standard has been at the core of nearly every Federal Reserve discussion about faster payments, as well as Swift's plans for its member banks.

On Jun. 30, 2019. Dollars in thousands.

On Jun. 30, 2019. Dollars in thousands.

Mon. Sept. 30 marks the return of one of CU Journal's most popular annual features, and credit unions from around the globe are invited to participate.

The move to alter the government's preferred stock purchase agreements is the first major one under FHFA Director Mark Calabria's tenure to wind down the conservatorship of the government-sponsored enterprises.

States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.

Millennials hate bureaucracy but big banks aren't agile enough to meet the demand for fast service. That gives credit unions a big opening.

Goldman’s consumer unit, Marcus, has so far lost $1.3 billion; big lenders like JPMorgan Chase and Amex are making loans for small-ticket items like clothes and cosmetics.