Online Fraud Spikes, Study Finds

America’s migration to EMV has crippled some types of card fraud, but the risk of online fraud is on the rise — especially during the holidays — according to new data from the Merchant Risk Council and fraud-technology company Forter. The indexed...

DOL Proposes 60-Day Fiduciary Rule Delay

The Department of Labor on Wednesday released a proposed rule to extend for 60 days the applicability date of its fiduciary rule under the Employee Retirement Income Security Act. The proposal, which includes a 15-day comment period, would extend the rule’s...

Billion Dollar California Credit Unions Merge

A rare merger of two billion dollar credit unions in California became effective today. The $1.6 billion California Credit Union in Glendale and the $1.2 billion North Island Financial Credit Union in San Diego announced Tuesday that their consolidation has received...