CHICAGO—A system for faster payments is on the horizon for the U.S. But there are obstacles, including how consumers and merchants continue to cling to older payments methods due to concerns over security with new payment methods, and worries over the new methods’ interoperability with traditional payment products and infrastructure.
SUMTER, S.C.--Three more credit unions have announced bonus dividends and/or interest rebates.
WAKEFIELD, Mass.—A webinar for credit card issuers on “The Hidden Power of Your Credit Policy” has been set for Feb. 25 from 11:00 to 11:30 a.m. ET. Hosted by Primax and Cyberlis, the webinar will address how a credit union’s “credit policy directly impacts its sales, profitability and overall member banking relationships,” according to the companies.
BOISE, Idaho—Mary Hughes has been selected to serve on the State Liaison Committee (SLC) to the Federal Financial Institutions Examination Council.
HERMITAGE, Penn.—The $69.5-million Mercer County Community FCU has named Sandi Carangi as its new CEO
ARLINGTON, Va.—NAFCU has identified 15 issues as its priorities for the New Year.
FORT ATKINSON, Wis.—Despite all of the FI and consumer attention to mobile banking, a new survey shows that the majority of consumers still rely on branches as their primary channel for interacting with their financial institution.
ALEXANDRIA, Va.—Credit unions are being reminded that they can now post the annual privacy notice online.
SEATTLE—A new report indicates that more renters will turn to home ownership in 2015.
OKLAHOMA CITY, Okla.—FAA Credit Union is paying year-end rebates and bonuses to its nearly 50,000 members.
