WASHINGTON—CUNA is asking the CFPB to limit the impact on credit unions from new regulatory requirements the bureau is proposing for prepaid cards.
THE news
ONTARIO, Calif.—CU Direct has introduced a new offering, Advisory Services, that offers a broad-range of services from professional analysis and risk assessments to education.
WASHINGTON—Patrick Miller, CEO of the $406-million CBC Federal Credit Union, Oxnard, Calif., is scheduled to testify Wednesday before The House Financial Services Committee, as is Peggy Bosma-LaMascus, CEO of the $500-million Patriot FCU in Chambersburg, Penn.
MADISON, Wis.—Saying CUs are in the “eye of the Apple Pay hurricane,” one analyst says now is the time to make a decision regarding the new payment solution—one way or the other.
WASHINGTON—NAFCU and CUNA are expressing concern over a new report that reveals 80% of global retailers fail to meet the widely accepted Payment Card Industry (PCI) data security standards for their payment card processing systems.
WASHINGTON—While some taxi-medallion CUs have indicated there will be no long-term negative impact on the value of taxi medallions as a result of companies such as Uber, one cab driver here is not so sure.
WASHINGTON, D.C. – CUNA Mutual Group and Filene Research Institute have released new research that explores how credit unions can best serve and connect with baby boomers.
STAMFORD, Conn.—Fraud on Apple Pay transactions—which some are pegging as high as 6% today—may climb even higher as the new payments solution becomes more widely accepted.
SAN FRANCISCO—FIs intent on preparing for the day when digital channels will dominate account opening should rethink their timing. That day might already have arrived, a new report indicates.
AUSTIN, Texas—Although 47 states have security breach notification laws, which require organizations that store sensitive information to notify customers and clients if their personal data is breached, only one-third of small and midsize businesses say they are “very confident” of what those laws require, according to a new study.