CUNA Tells CFPB New Rules Could Lead CUs To Exit Payday Alternative Loans 07/20/2015 08:24 pm WASHINGTON–CUNA met last week with the CFPB to caution the agency that new rules being proposed around payday lending could cause some credit unions to drop their payday loan alternatives.
Picture This: Retailers Suspend Photo Processing In Wake of Data Breach 07/20/2015 08:25 pm CHICAGO–Several major retailers, including CVS and Rite-Aid, have shut down their online photo processing after learning that customer’s credit card data may have been breached as a result of a common third party.
Fed Approves Plan Calling For Additional Capital For Biggest Banks 07/20/2015 08:26 pm WASHINGTON–The Federal Reserve Board on Monday approved a final rule requiring the largest, most systemically important U.S. bank holding companies to further strengthen their capital positions.
Trade Groups Meet With Congress Ahead Of Hearing On NCUA Budget 07/20/2015 08:26 pm WASHINGTON–The credit union trade groups have been meeting with the staff of members of the Congress who will be part of a hearing later this week on NCUA and its budget.
A Look at the Restructuring Needed to Get to 2020 07/28/2015 06:05 pm TAMPA, Fla.—Not only will CU pricing be impacted as credit unions evolve to remain competitive in 2020, but internal changes will need to be made as well—including restructuring departments to align with emerging products.
FMSI Releases Omnix Appointment Concierge 07/21/2015 09:30 am ALPHARETTA, Ga.–FMSI has released Omnix Appointment Concierge, a branch appointment scheduler app that the company said helps modernize how members engage with branch staff.
What The Real Difference-Maker Will Be For Credit Unions 07/28/2015 06:07 pm WASHINGTON—CUs will thrive in 2020, predicts CUNA, thanks in large part to a growing positive reputation among consumers.
Apple Moves Into U.K. Where Unique Challenges Await 07/28/2015 08:24 pm CUPERTINO, Calif.—Apple last week made the U.K. the first market outside the U.S. to offer its new payments solution. Apple Pay is now available at 250,000 retail locations in Britain.
Doulgeris Named SVP-Operations by PCUA 07/21/2015 09:35 am HARRISBURG, Penn. – John Doulgeris has joined the Pennsylvania Credit Union Association (PCUA) as Senior Vice President of Operations.
Pennsylvania State Employees Again Named ‘Best’ When It Comes To Score 07/28/2015 08:25 pm HARRISBURG, Penn.—For the third consecutive quarter, Pennsylvania State Employees CU has been named Best in Class for its Net Promoter Score.