Compliance Center: FFIEC Issues Interbank Messaging and Wholesale Payment Network Advisory Statement

FFIEC recently released a statement advising financial institutions that actively manage the risks associated with interbank messaging and wholesale payment networks.

NCUA Board Notes: Comments Needed After Call Report Review Announced

Comments sought as part of a review of NCUA’s Call Report and Credit Union Profile efforts. Also, NCUA to reduce outstanding Stabilization Fund borrowings by sending $700 million to Treasury.

Compliance Center: FFIEC Issues IT Examination Appendix for Mobile Financial Services

FFIEC issues a revised Retail Systems Payment booklet; question on ‘positive owner contact’ with dormant accounts and legal briefs.

CUNA Mutual Group Provides Lending & Payment Security Toolkit

Your credit union can truly help members break the paycheck-to-paycheck cycle. Your Strategic Link business partner CUNA Mutual Group provides you with a Lending and Payment Security toolkit. Watch videos of member success stories.

CUNA Mutual Group Provides Lending & Payment Security Toolkit

Your credit union can truly help members break the paycheck-to-paycheck cycle. Your Strategic Link business partner CUNA Mutual Group provides you with a Lending and Payment Security toolkit. Watch videos of member success stories.

Target Agrees to $39 Million Settlement in Data Breach Suit

If approved in federal court, the settlement would earmark $20 million for the credit unions and other financial institutions that joined the class action suit.

Foster-Keddie Assumes Chairmanship of CFPB Credit Union Advisory Council

The Council was created to give the CFPB direct feedback from credit unions on the impact of regulation on credit unions’ daily operations.

BECU Lowers Interest Rates for Over 30,000 Members

The credit union’s members will save nearly $3 million thanks to its Reprice Program, which proactively evaluates members’ credit scores and payment histories and lowers rates where possible.

BECU Lowers Interest Rates for Over 30,000 Members

The credit union’s members will save nearly $3 million thanks to its Reprice Program, which proactively evaluates members’ credit scores and payment histories and lowers rates where possible.

Partnerships Key in Mobile Services: Boston Fed Report

Research shows that proprietary solutions struggle in the quick flow of innovation, while third-party partnerships hold promise.

Canada’s First FinTech Conference This Week in Vancouver

The conference offers a look at the cutting edge of financial innovation and a glimpse of what’s to come, featuring top thinkers in the fintech space.

Compliance Center: NCUA Releases Guidance on Private Student Loans with Graduated Repayment Terms

New student loan guidance calls for orderly repayment, less payment shock; your question answered about IRS refunds; plus legal briefs.

Northwest Credit Unions Rolling Out Apple Pay

Apple Pay’s combination of secure, easy-to-use technology and consumer demand makes it attractive for credit unions.

Fake IRS Phone Calls Defrauding Taxpayers of Millions

Phone scam surges during tax season, tops IRS list of “Dirty Dozen” tax scams for 2015.

World Council Kicks off Millennial Campaign

Campaign highlights the alignment between credit unions and millennials, who in three years will be the largest consumer group.

Data Breaches a Real and Expensive Threat for all Financial Institutions—Including Credit Unions

CUNA Mutual Group breaks down the difference between payment card breaches and cyber breaches to help credit unions protect themselves.

Gesa Credit Union Offers P2P to Members

In partnership with MAP, Gesa Credit Union has introduced a person-to-person payment system allowing members to send and receive money in a matter of minutes, through their phones or online.

NCUA’s Chief Economist to Present at CUES/NWUCA Executive Summit

The NCUA’s chief economist will present an economic outlook and his perspective on interest rate risk management at the Executive Summit in Sunriver later this month. John Worth’s economic forecasts help to determine much of the regulator’s policy.