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Payrailz on Track With Launch of Smart Approach to Payments

CU Times - Thu, 11/16/2017 - 11:14am
Digital payments experts believe the credit union industry is ready for a better payment and money transfer solution.
Categories: Credit Union News

Islamic banking: How do you make money on a no-interest loan?

CU Journal - Thu, 11/16/2017 - 11:08am
Credit unions have a long history of serving immigrants and other underserved populations, but meeting the unique challenge of complying with Shariah law is no mean feat.
Categories: Credit Union News

NCUA Board Approves $6.1 Million Budget Boost for 2018

CU Times - Thu, 11/16/2017 - 10:30am
The NCUA board approves the 2018 budget with a $80,000 decrease due to a "technical change."
Categories: Credit Union News

Monroe County Community CU names new leadership following CEO's death

CU Journal - Thu, 11/16/2017 - 10:08am
Stephen Grech takes the reins at Monroe County Community, following former CEO Mike Newman's death earlier this year.
Categories: Credit Union News

Mortgage Insurance Program Knocked by GOP Slips but Doesn't Fall

CU Times - Thu, 11/16/2017 - 9:42am
A push to reduce fees charged to lower-income borrowers hits a snag.
Categories: Credit Union News

myCUmortgage adds 4 new credit union partners

CU Journal - Thu, 11/16/2017 - 9:08am
The CUSO has added a quartet of new credit unions to its ranks in order to help them focus on improving mortgage lending operations.
Categories: Credit Union News

County Schools Federal Credit Union converts to CU*BASE system

CU Journal - Thu, 11/16/2017 - 9:08am
Ventura, Calif.-based CU adding online, mobile banking.
Categories: Credit Union News

Who will be next CFPB director?

CU Journal - Wed, 11/15/2017 - 5:06pm
It’s a seat the Trump administration has long wanted vacated, and now it gets a chance to fill it — and change the direction of an agency that’s been a thorn in Republicans’ side. Following are the top candidates:
Categories: Credit Union News

What will Richard Cordray's credit union legacy be?

CU Journal - Wed, 11/15/2017 - 5:06pm
Credit unions and the Consumer Financial Protection Bureau share a similar philosophy, but their methods often clashed during Cordray's tenure. Here's a look at reactions to his departure and speculation on how he might be remembered.
Categories: Credit Union News

Radical changes ahead for CFPB after Cordray departure

CU Journal - Wed, 11/15/2017 - 4:05pm
The resignation of CFPB Director Richard Cordray gives President Trump the chance to name a director who could roll back agency rules and supervisory policies.
Categories: Credit Union News

Credit Union Tax Exemption is Off the Table in House Tax Reform Bill

CU Times - Wed, 11/15/2017 - 2:20pm
The House has prohibited amendments to the tax reform bill, including credit union tax exemption.
Categories: Credit Union News

Making an impact: Credit unions in the community

CU Journal - Wed, 11/15/2017 - 2:05pm
From helping fund new libraries and preparing kids for school to community shred days and free car washes, here's how credit unions are giving back to the communities they serve.
Categories: Credit Union News

As FHA reserves dwindle, so do odds of premium cut

CU Journal - Wed, 11/15/2017 - 2:05pm
The Federal Housing Administration was battered by losses this year from reverse mortgages, casting doubt on whether the agency will adopt an Obama-era proposal to reduce mortgage insurance premiums.
Categories: Credit Union News

Georgia’s Own CU to Buy Bank

CU Times - Wed, 11/15/2017 - 12:48pm
The proposed acquisition, if approved, will mark the first time that a credit union acquires a state-chartered bank in the Peach State.
Categories: Credit Union News

Forever 21 Card Breach, Gmail Risks & Malvertising

CU Times - Wed, 11/15/2017 - 12:37pm
Credit card breaches, black markets trading Gmail account information and new efforts to stop malvertising.
Categories: Credit Union News

Cordray to leave CFPB by end of month

CU Journal - Wed, 11/15/2017 - 12:04pm
The announcement by the head of the Consumer Financial Protection Bureau ends months of speculation about how long he planned to stay at the agency.
Categories: Credit Union News

Square Embraces Crypto by Letting You Buy Bitcoin on Your Phone

CU Times - Wed, 11/15/2017 - 12:01pm
P2P payments are exploring the use of bitcoin to skip the connection to bank accounts.
Categories: Credit Union News

Square Embraces Crypto by Letting Your Buy Bitcoin on Your Phone

CU Times - Wed, 11/15/2017 - 12:01pm
P2P payments are exploring the use of bitcoin to skip connecting to bank accounts.
Categories: Credit Union News

Embattled Cordray to Step Down as CFPB Chief

CU Times - Wed, 11/15/2017 - 11:45am
In a surprise move, CFPB Director Richard Cordray announces he is stepping down at the end of the month.
Categories: Credit Union News

7 Ways E-Commerce Sites Must Battle Bots Stealing Credentials

CU Times - Wed, 11/15/2017 - 10:41am
Experts say the biggest website security threat comes from bots.
Categories: Credit Union News

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