Jason Korosec

If New Mexico created the blueprint for taking on Meta, California could determine the company’s fate when it comes to critical changes at Facebook and Instagram. Opening arguments begin Tuesday in the trial that California Attorney General Rob Bonta is co-leading against Meta, following a litany of allegations that the company fostered addictive behavior in teens and children. The jury was seated last week in Oakland’s federal courthouse. The trial involves a coalition of 29 state attorneys general in a unified case against Meta that was brought in 2023, and will be argued by lawyers representing California, Colorado, New Jersey and Kentucky. The stakes are enormous as leading government officials across the country push for Meta to be held accountable for allegedly violating federal and state laws, including the Children’s Online Privacy Protection Act, or COPPA, and various consumer protection statutes. Industry experts are calling it social media’s “Big Tobacco” moment, with Meta as the centerpiece. In the 1990s, tobacco companies were forced to pay billions of dollars for misleading the public about the safety and potential harms of their products, and subsequently saw their power and influence dramatically diminished. https://lnkd.in/g8dRNEKe

3

How does a credit union triple its instant loan approvals and automate over half of its consumer lending decisions? A+ Federal Credit Union achieved just that by modernizing its processes with MeridianLink. By unifying their lending and account opening systems onto a single platform, they transformed their digital experience for both members and staff. The results are impressive: 🔹 Instant loan approvals tripled. 🔹 Over 50% of all consumer loans are now auto-decisioned. 🔹 New business account pull-through increased by 50%. This strategic shift didn't just boost efficiency; it created a streamlined, mobile-first journey for members applying for loans or opening accounts. For the A+FCU team, it meant simpler workflows and more time to focus on delivering exceptional service. It's a powerful example of how the right technology partner can drive significant growth and enhance member engagement. Learn more: https://okt.to/u0UD8o #CreditUnion #DigitalTransformation #LendingInnovation

8

Nacha 2026 is coming — are your ACH controls ready? ACH fraud continues to evolve, and the Nacha 2026 rule changes make it clear: banks need stronger, more proactive risk monitoring around ACH activity. That’s why we’ve launched ACH RiskLens at Finovifi — designed to help financial institutions: - Gain better visibility into ACH risk - Align with upcoming Nacha requirements - Detect abnormal activity earlier - Strengthen operational and audit readiness This isn’t about adding more manual review or spreadsheets. It’s about using smarter tools to see risk clearly and act before losses occur. If ACH is still treated as “lower risk” in your organization, now is the time to rethink that assumption. ACH RiskLens and Nacha 2026: https://lnkd.in/eRpjjWvi #ACH #PaymentsRisk #FraudPrevention #Nacha #CommunityBanks #CreditUnions #RiskManagement #BankCompliance #Finovifi #BankingInnovation Pennsylvania Bankers Association Delaware Bankers Association Maryland Bankers Association Yanina Sgroppo Emerick Chuck Diulus NEW JERSEY BANKERS ASSOCIATION Maine Bankers Association

15

As US Open Banking policy is caught in a mire, Finicity co-founder Steve Smith reminds us all that most open banking progress to date has been driven by industry, and challenges industry to renew that momentum: https://lnkd.in/ecsCsPwb

31