FARMINGTON HILLS, Mich. (4/11/16)--GreenPath Inc., a CUNA Strategic Services strategic alliance provider, is now operating as GreenPath Financial Wellness, with a commitment to assisting consumers with financial challenges beyond debt.
ST. JOHNS, Newfoundland and Labrador (4/8/16)--Verafin, a provider of fraud detection and anti-money laundering software, has added a new analytic to help credit unions and other financial institutions detect suspicious tax refunds.
Credit unions and other financial institutions relying on fraud detection and prevention strategies from The Members Group in 2014 saved roughly $28 million in fraud losses, according to the payments processor.
LendKey, an online lending platform that connects borrowers with credit unions and banks, has secured up to $1 billion in financing from MidCap Financial, a specialty finance firm managed by a subsidiary of Apollo Global Management LLC.
CUNA is concerned with a report on consumer testing used by the CFPB to analyze periodic statement forms for consumers in bankruptcy, but concurs with some of its findings. The bureau issued a report in February on its study.