The credit card bill from Sens. Roger Marshall, R-Kan., and Dick Durbin, D-Ill., would require financial institutions to accept any kind of transaction and eschew carefully placed safeguards protecting from fraud, Cornerstone League President/CEO Caroline Willard wrote this week in CUInsight.

NCUA  is hosting a webinar on August 24 at 2 p.m. ET to discuss Bank Secrecy Act trends and challenges, and provide credit unions with valuable updates on BSA compliance. Online registration for the free webinar webinar is open.

The Illinois Credit Union System, in collaboration with over 850 organizations, took social media by storm for the 2nd annual #ILoveMyCreditUnion social media blitz on July 29. The campaign saw participation from all 50 states and 11 countries around the world.

Digital asset innovations represent new opportunities for consumers and credit unions, CUNA wrote to the Treasury Monday in response to a request for information on digital asset development. CUNA notes credit unions support a “whole-of-government” approach to the issue.

CUNA, all Leagues, the American Bankers Association, and all state banking associations wrote to Congressional leadership outlining strong opposition to the interchange bill introduced earlier this month by Sens. Roger Marshall, R-Kan., and Dick Durbin, D-Ill.