HOUSTON—The October 2016 MasterCard ATM EMV liability shift deadline may be approaching, but one ATM management company is not seeing a lot of credit unions rushing to convert their machines.
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LAKE FOREST, Ill.—Overdraft revenue continues to rise, according to a new study that indicates consumers are driving the increase rather than the CFPB or pricing changes or promotions from banks and credit unions.
AROUND THE WORLD–Credit union staff from around the U.S. and Africa marked the first Development Educator (DE) Day of Service last week, with projects ranging from assisting at food banks, to building bicycles to even creating boomerangs.
NASHVILLE—From the potential repeal of the Durbin Amendment to Congress stepping in if NCUA does not provide CUs with sufficient regulatory relief, a panel of analysts at NAFCU’s annual meeting offered some predictions for what’s ahead for credit unions on Capitol Hill.
NASHVILLE–Credit unions were given “eight pillars of trust” that one expert said are vital to addressing the biggest expense they face—even if they can’t find the expense on the balance sheet.
DES MOINES, Iowa—Blockchain technology continues to make inroads into financial services, which is why TMG said it is partnering on a study to determine the applicability of blockchain for FIs, including credit unions.
CINCINNATI—Expect more credit unions in the second half of the year to move forward with expansion plans now that NCUA has eliminated the 5% rule on fixed assets, predicts DEI.
BIRMINGHAM, Ala.—Will a two-member NCUA board speed up or slow down the pace of federally chartered CUs converting to state charters?
ST. PETERSBURG, Fla.—When Quick Chip and M/Chip arrive at POS terminals to speed up EMV transactions, will the new process alleviate merchant issues at the checkout line only to shift headaches to issuers and debit cardholders?
PORTLAND, Ore.—What might be a well-kept industry “secret” today—that large credit unions using not just their size and marketing might to force small CUs to merge but also dangling incentives in front of CEOs at smaller CUs–won’t be a practice under wraps for very long, assert analysts and CU executives who spoke with CUToday.info.