Regulatory & Compliance

America's Credit Unions argue that AI is improving lending, fraud detection and warned overly prescriptive rules could slow innovation.

The agency alleges years of falsified records, fake deposit entries and concealed losses led to one of the most significant fraud investigations in decades.

The industry wants regulatory flexibility as FinCEN and the NCUA update anti-money laundering frameworks.

Industry coalition warns the challenge could reduce fraud protections, increase costs and disrupt payment system investments.

Trade group says the proposal would expand access while preserving credit union common-bond requirements.

Interim final rule bolsters the challenge to the Illinois interchange law and reaffirms federal preemption authority.