Tampa Man Pleads Guilty in CU Bitcoin Fraud Case

When Anthony Murgio took over a credit union as a front to operate an illegal Bitcoin operation, he posted on Facebook that he needed a CEO. “Anyone interested in running a credit union in New Jersey? We are looking for a new CEO,” Murgio’s Facebook...

New Diebold Terminals Don’t Allow Mag Stripes

Tomorrow’s point-of-sale terminals will be less than 10 inches wide and shun mag stripe readers, according to a prototype revealed by Diebold Nixdorf this week. The company, which is headquartered in Ohio and Germany, said its “Extreme Self-Checkout...

30 Ideas Up for This Year’s CO-OP THINK Prize

CO-OP Financial Services this week released its list of candidates for its THINK Prize 16 — a competition for entrepreneurs who want to revolutionize how credit unions and other financial institutions help aging consumers. Winnowed down from 137 entries, the 30...

CFPB Director Should Quit: Senate Banking Chairman Crapo

CFPB Director Richard Cordray should resign as the Obama Administration ends, new Senate Banking Chairman Mike Crapo (R-Id.) said this week. “I think he should submit his resignation and allow the president to select his own person,” Crapo said, in a brief...

Fiserv Lawsuit Heads Back to State Court

A small credit union that sued Fiserv over a contract dispute alleging fraud said Tuesday it will continue legal action against the financial tech giant in state court following a federal judge’s ruling last week. U.S. District Court Judge Katherine B. Forrest...