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WASHINGTON–The Federal Reserve has adopted a new rule that puts limits on its ability to make emergency loans to banks.

PRINCETON JUNCTION, N.J.—As the U.S. migration to EMV chip payments continues, some industry participants are thinking about preparing to process payments made using EMV contact chip cards, EMV contactless chip cards, mobile NFC devices, or all three.

WASHINGTON–Credit unions in the U.S. continue to make more than $1 billion a day in new loans as total loan balances hit a new high-water mark.

PURCHASE, N.Y.—The holiday spending season is off to a solid start, according to a new report looking at U.S. retail sales trends across cards, cash and checks.

ALEXANDRIA, Va.–NCUA’s Office of Inspector General has recommended the agency add an “S” to its CAMEL Rating System to better reflect “sensitivity” to market risk.

SAN DIEGO — As Corelation was converting two of its largest clients over the last couple of months, the core processor reported it has also signed several more CUs to convert to its KeyStone core solution in 2016.

WASHINGTON–By a vote of 83-16, the Senate yesterday passed the transportation authorization bill--better known as the Highway Bill--which includes a number of credit union-backed provisions.

ARLINGTON, Va.–NAFCU Services Corporation has selected Strategic Resource Management (SRM), a provider of bottom line enhancement solutions, as the preferred partner for vendor cost benchmarking and contract negotiation services.

RANCHO CUCAMONGA, Calif.– CO-OP Financial Services reported it partnering with Visa to offer Visa Checkout, while also joining with MasterCard to offer Masterpass. Both solutions are aimed at making the payments process more secure and faster.

RED SPRINGS, N.C.– Community supporters gathered here to celebrate the grand opening of Parish Place II, a supportive housing project developed by the North Carolina Indian Housing Authority (NCIHA).