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Apple Wallet Can Now Show UK Users Their Bank Account Balances; Apple Pay Antitrust Lawsuit; FCC Announces Plans to Reinstate Net Neutrality; CFPB Issues Guidance on Credit Denials Involving AI; Global Agencies Focus on ESG Data, Climate Litigation, and Nature Risks
U.S. Crypto Industry Comes to Washington; Crypto Regulation: Regulators and Innovators Both Need to Compromise; Sen. Gillibrand Rallies Democrat Colleagues to Adopt Digital Assets Regulation; EU Assess the Environmental Impact of Crypto-Assets
Dual Ransomware Attack Victims Now Get Hit Within 48 Hours; Ransomware, Extortion, and The Cyber Crime Ecosystem; CISA: 20th Anniversary of Cybersecurity Awareness Month with New Campaign to Secure Our World; Hackers Backdooring Cisco Routers
Financial Privacy Act Goes Through Markup Session in House Committee; Questions to Consider as Regulators Increase Scrutiny of Medical Debt; Senate Committee Passes Cannabis Banking Bill; Government Shutdown: What Is It and Who Would Be Affected?

Credit unions catering to federal workers are preparing to reestablish emergency relief programs as the deadline to avoid a government shutdown fast approaches. Republican and Democratic officials in the U.S….

PUBLISHED SEP 27, 2023 CFPB Mortgage Report Finds Jumps in Closing Costs and Denials for Insufficient Income, Growing Proportion of Cash-Out Refinances The Consumer Financial Protection Bureau (CFPB) released its annual…

The Commodity Futures Trading Commission (CFTC) is holding a virtual event on Oct. 4 that is focused on combatting fraud and scams in the digital world. The event, called Technology…

Around the States

Sept. 29, 2023 Stories

NACUSO’s Hardy Shares How CUs and Fintechs Should Prepare for the Year Ahead (Video)

Ronaldo Hardy, President/CEO at NACUSO, joined us in the Studio Lounge to share his take on tech’s impact on credit unions today, as well as how credit unions and fintechs should prepare for the year ahead.

Watch here

New York Regulator to Require Higher Standards for Coin Listings and Delistings

New expectations and procedures are spelled out for crypto firms in evaluating a crypto coin before adoption and removal.

New York’s financial regulator wants cryptocurrency companies regulated in the state to be more transparent about how they list and delist crypto coins.

The New York State Department of Financial Services, in proposed guidance published Monday, spells out its expectations for how crypto firms evaluate a coin offering before adoption, based on a prior version of the framework. The regulator also describes its expectations of the steps and criteria a crypto firm must consider before delisting a coin…

Eastern Corporate Federal Credit Union Raises a Record $57,000 for Research on Pediatric Neurological Disorders

Eastern Corporate Federal Credit Union announced a record $57,000 was raised at its 2023 Invitational Golf Tournament benefitting Credit Unions Kids at Heart®.  On Monday, September 11, 2023, more than 120 golfers and volunteers gathered at Tedesco Country Club in Marblehead, MA, for the annual golf tournament.  The tournament featured contests, games, and an auction raising funds in support of the charitable organization’s mission and vision…

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