Members of the House Financial Services Committee have proposed legislation that would make it easier for credit unions to kick members who engage in abusive or illegal behavior. Introduced by Representatives Tom Emmer, R-Minn., And Ed Perlmutter, D-Colo., The legislation would improve existing language in the Federal Credit Union ActRead More →

Embarrassed at first by Covid-19, The Western Union Co. said on Wednesday evening that its growing digital transfer business had helped support its results for the fourth quarter and the full year. Overall, digital transfer revenue, including activity on, grew 36% in the fourth quarter year-over-year and accounted forRead More →

The Covid-19 pandemic has wreaked havoc on the job market as it continues to wreak havoc around the world. Layoff and unemployment figures are expected to continue to climb in the second half of the year as the outlook is uncertain in many sectors, said NTUC Deputy General Secretary andRead More →

SAN FRANCISCO and TYSONS, Virginia, June 17, 2020 /PRNewswire/ — Salesforce (NYSE: CRM), the global leader in CRM, today announced an expanded relationship with the Pentagon Federal Credit Union (PenFed), the nation’s second-largest federal credit union, to transform its membership platform and improving remote financial services amid the current pandemic.Read More →

RALEIGH, North Carolina and GLASTONBURY, Conn.–(BUSINESS WIRE)–Constellation Digital Partners, a platform for credit unions and fintech developers to work together, and Payrailz, a digital payments company delivering smarter, more engaging and secure payment experiences, are pleased to announce a new partnership to create a common solution that unions can useRead More →

Association of CrossState Credit Unions The Pennsylvania Credit Union Association and the New Jersey Credit Union League will be renamed the CrossState Credit Union Association and expand their membership in January, according to an announcement Monday from the newly merged trade groups. The Pennsylvania Credit Union Association and the NewRead More →

ENGLEWOOD, (BSW) –The Western Union Company (NYSE: WU), a global leader in payment services, has expanded its global relationship with UAE Exchange, an international money transfer retailer, from North Africa and the Middle East to ensure its retail presence in 16 major city centers in the UK, Ireland, Germany andRead More →