Compliance

Pillsbury Winthrop Shaw Pittman LLP has named Marco Santori to head a team at the lawfirm that's focused on digital currency and blockchain technology.

Linda Juhan and Karen Zunk-Wolf received the orders from the NCUA and will be prohibited from participating in the affairs of any financial institution that is federally insured.

Though a recent poll shows strong support among credit union professionals for Donald Trump's presidential candidacy, analysts caution that opinions could change greatly by the time the 2016 election rolls around.

In the digital age, financial data is both a commercial tool and a means of detecting criminal activity. This leaves multinational financial institution issuers, especially those that operate in both the United States and the European Union, at risk for fines and litigation.

After years of heated debate, NCUA Chairman Debbie Matz has announced the federal regulator will open up the methodology it uses to calculate the OTR to public comment. Here, CU Journal offers a look at how and why OTR was created, and how we got to this point.

The National Association of Federal Credit Unions is calling for stricter regulation of marketplace lending.

A data breach-related court case involving Wyndham hotels and new Defense Department rules governing contractors provide banks some dos and don'ts in bringing vendors' security practices into line.

The National Association of Federal Credit Unions is calling for stricter regulation of marketplace lending.

ALEXANDRIA, Va. — NCUA Chairman Debbie Matz said the agency will formally invite credit union stakeholders and the public to comment on the methodologies for calculating both the overhead transfer rate and the federal credit union operating fee.

The Iowa Credit Union Division on Friday was granted authority by a District Court to place SCICAP Credit Union, based here, into receivership.

TUSCALOOSA, Ala. — At least one person wasn't surprised by the Alabama Credit Union Administration's decision to conserve Alabama One CU: its former CEO.

Banks need more clarity about the circumstances under which attorney-client privilege applies. Otherwise they may decline to ask questions about the legality of their actions, leading to even more compliance problems.

The Alabama Credit Union Administration on Thursday placed $598 million Alabama One Credit Union, based here, into conservatorship.

The Debit Network Alliance last week officially launched its shared application identifier (AID) for EMV debit routing, but merchants likely won't be in any rush to implement the technology despite the fast-approaching Oct. 1 liability shift.

First Data Corp. selected Citigroup Inc., Morgan Stanley and Bank of America Corp. to manage its initial public offering planned for this year.

When a federal appellate panel sided with the U.S. Federal Trade Commission (FTC) against the Wyndham hotel chain this week, it cemented the FTC as a power to be reckoned with for companies that have poor security.

Following its massive 2013 data breach, Target vowed to accelerate its EMV-chip card migration, but the retailer still just barely made the card networks' deadline.

Phoenixville Federal Bank & and Trust in Pennsylvania has converted to a state charter.

WASHINGTON — A Federal Deposit Insurance Corp. publication on Monday advised banks to include cyber risk in standard disaster-planning and business-continuity exercises as part of general strategic-planning discussions.

The global loan platforms present an extreme example of the ongoing clash between the fast-moving financial technology sphere and the staid world of financial regulation.