Five people, including two senior executives, are suing a Texas credit union they retired from for discontinuing promised lifetime retirement benefits, accusing their former employer of violating federal laws and fraud. The $347 million Union Square Credit Union in...

The number of Apple Pay, Samsung Pay and Android Pay users is about to hit 100 million and should top 150 million by the end of 2017, according to new data from fintech analysis firm Juniper Research. Apple, Samsung and Google (which operates Android Pay) owned 41% of...

House Financial Services Chairman Jeb Hensarling (R-Texas) would retain the three-member NCUA board structure in his plan to overhaul Dodd-Frank – legislation that will be introduced by the end of the month. The proposal would also decrease the power of the...

IBM X-Force researchers saw a 6,000% increase in tax-related spam emails leading up to Tax Day 2017. That’s significant because tax fraud season does not end on April 18. The IBM researchers see this increase and other factors as evidence that cybercriminals are...

The effect of emerging payments, tokenization, mobile wallets, fraud, millennial spending, social media, the cloud and machine learning at credit unions took center stage at the CSCU 2017 Annual Conference. “The landscape of the payment industry is changing...

After receiving numerous inquiries from consumers, the NCUA issued a warning Monday about a fake check scam. The federal agency said it has received about 12 calls over the last 10 days from consumers about a fake check scheme. The NCUA noted in its prepared statement...