RIDGEFIELD PARK, N.J.–Samsung Pay, the mobile payments solution that launched last month, said it has expanded to 13 more U.S. banks and credit unions.
Fresh Today
WICHITA, Kan.–The “Clash of Cash” has been won by Meritrust Credit Union here, which defeated Dallas-based Texas Trust Credit Union.
MIRAMAR, Fla.– Tropical Financial Credit Union is honoring Miami-Dade Police Officer Elliott Scholes as its League of Financial Goodness Local Hero.
HATTIESBURG, Miss.–The city of Hattiesburg has become the latest to launch a “Bank On” campaign aimed at introducing financial services to underserved communities.
MADISON, Wis.–CUNA andCU Solutions Group said they have entered into an exclusivity arrangement whereby CU Solutions Group’s online salary administration system, Compease, and CUNA’s online compensation analytics platform, Compensation Analytics, will be the only software applications in the industry that feature data from the 2015-2016 CUNA Staff Salary Report.
MALBOROUGH, Mass. — The Cooperative Credit Union Association has announced the winners of its board elections.
WASHINGTON–The U.S. Senate overwhelmingly passed the Cybersecurity Information Sharing Act (CISA), which had the backing of both credit union trade groups but which also had a number of powerful opponents. The legislation passed on a 74-21 vote.
CANTON, N.C.–Some credit unions are reporting a rash of unauthorized transactions on members’ accounts, with at least one CU theorizing it’s due to crooks racing to act before EMV cards are fully in place with members.
WASHINGTON–CUNA’s political action committee, the Credit Union Legislative Action Council (CULAC), has been ranked as the largest trade association political action committee, and fifth largest PAC nationally, in terms of direct giving to candidates by the Center for Responsive Politics. CULAC raised more than $1.7 million for the 2016 election cycle.
WASHINGTON–The Department of Education has enacted new regulations that prohibit fees such as overdraft fees and transaction swipe fees for bank or prepaid card accounts offered by academic institutions or any contractors that work with them, and which prohibit academic institutions from requiring students or parents to open an account at a specific institution that may have a financial relationship with their school to receive student aid refunds.