BROOKFIELD, Wis.—As more financial services activities move online, account opening remains – for now – a branch-centric activity, notes Fiserv, which recommends CUs seek many ways to introduce digital account opening to members, including through social media accounts.
PHILADELPHIA–SB1 FCU, which was formed relatively recently in 1977 to serve employees at the drug maker that is now known as GlaxoSmithKline, is changing its name.
DES MOINES, Iowa–Payments processor TMG has received recognition for its results-driven public relations and special event strategies from the Iowa Chapter of the American Marketing Association (AMA Iowa).
WASHINGTON—NAFCU and CUNA this week will monitor several hearings of interest to CUs taking place on both sides of Capitol Hill.
WASHINGTON—Six federal agencies are inviting public comment on a proposed rule to prohibit incentive-based compensation arrangements that encourage inappropriate risks at covered financial institutions.
WASHINGTON—In advance of Wednesday’s hearing on the effects of the Telephone Consumer Protection Act on consumers and businesses, NAFCU shared with leaders of the Senate Commerce, Science and Transportation Committee the concerns it has conveyed to the Federal Communications Commission on the issue.
NEW YORK—Walmart has filed a lawsuit in New York against Visa charging the payments network with blocking implementation of a PIN system, favored by retailers to make the new chip credit cards more secure.
HOLLYWOOD, Calif.–First Entertainment Credit Union has named a new CEO to succeed the retiring Chuck Bruen.
HARRISBURG, Penn.–A correlation report that aligns the lessons taught in Financial Reality Fairs to the National Business Education Association (NBEA) Standards for Business Learning has been created here and is believed to be the first of its kind.
PEWAUKEE, Wis.–New boards have been elected at the Wisconsin and Maine league.
