News stories tagged 2022

Equifax May Face Class-Action Suit After Credit-Score Glitch

Plaintiff claims inaccurate score cost her more on auto loan; Company says majority of credit seekers saw no shift in scores August 4, 2022 — Equifax Inc., the second-biggest global...

Wolf in Sheep’s Clothing: How Malware Tricks Users and Antivirus

August 2, 2022 — One of the primary methods used by malware distributors to infect devices is by deceiving people into downloading and running malicious files, and to achieve this...

NASCUS Event: 2022 Michigan Examiner School

Join us October 24-27, 2022 This event is structured specifically for examiners to build the necessary skill sets and enhance their level of knowledge around a core area of topics....

Difficulty Paying Bills Tops Pandemic High in US Census Survey

Difficulty Paying Bills Tops Pandemic High in US Census Survey (Bloomberg) — The share of Americans who report having difficulties paying their bills has surpassed its 2020 pandemic peak in...

GRAPH OF THE WEEK: Credit Card Delinquency Rates Inching Back Up

After a decline in consumer spending during the pandemic, the end of government relief programs has contributed to an increase in credit card usage – and a rise in delinquencies....

Former Coinbase Employee Charged in First-Ever Crypto Insider-Trading Case

Cryptocurrency insider-trading case could have broad ramifications for industry. Federal authorities brought the first-ever cryptocurrency insider-trading case Thursday, accusing a former Coinbase Global Inc. COIN 5.43%▲ manager of tipping off his brother and a friend...

July 21 NCUA Board Meeting Summary

Budget Briefing The NCUA board was briefed on the budget and current operating budget surplus. The surplus is primarily from lower staffing levels and vacancy rates resulting in decreased pay...

Bank of America Puts Aside $200M for Probe into Bankers’ Use of Personal Devices

Bank of America (BAC.N) has set aside around $200 million for a regulatory matter connected to the unauthorized use of personal phones, its chief financial officer Alastair Borthwick said on...

PSCU: Inflation Helps Boost Member Spending in June

The gains in the amount spent far outpace gains in the number of transactions. PSCU reported Tuesday that the value of purchases it handles for affiliated credit unions rose much...

MEMBER BENEFIT: 2022 State System Profile Database Released

As a benefit for all NASCUS members, this digital platform provides a searchable data catalog of state credit union regulatory agencies (structure, funding, examination programs) and key state credit union...

Annual Summit Hotel Block Closes Friday July 22nd

The National Association of State Credit Union Supervisors (NASCUS) invites you to join us at an exclusive event that brings state regulators, credit union leaders, and industry stakeholders together in...

Pierre Jay Nominations Open Until July 24th

The National Association of State Credit Union Supervisors (NASCUS) created the Pierre Jay Award to recognize individuals, programs, and/or organizations whose contributions have benefited the state credit union system in...