Fresh Today

Fresh Today

WASHINGTON—With a new, Republican-controlled Congress convening Tuesday, credit unions will be paying particular attention to how leadership positions will be filled, committee assignments made, and what all that means to CU-backed priorities.

CHICAGO—A system for faster payments is on the horizon for the U.S. But there are obstacles, including how consumers and merchants continue to cling to older payments methods due to concerns over security with new payment methods, and worries over the new methods’ interoperability with traditional payment products and infrastructure.

WAKEFIELD, Mass.—A webinar for credit card issuers on “The Hidden Power of Your Credit Policy” has been set for Feb. 25 from 11:00 to 11:30 a.m. ET. Hosted by Primax and Cyberlis, the webinar will address how a credit union’s “credit policy directly impacts its sales, profitability and overall member banking relationships,” according to the companies.

FORT ATKINSON, Wis.—Despite all of the FI and consumer attention to mobile banking, a new survey shows that the majority of consumers still rely on branches as their primary channel for interacting with their financial institution.