WASHINGTON—The American Bankers Association has filed a petition with the Federal Communications Commission asking it to remove barriers to sending time-sensitive information to customers when their accounts may be in jeopardy. The ABA is seeking a change in “outdated regulatory restrictions” that prevent banks from sending data security and fraud alerts to customers via their mobile devices.
FERGUSON, Mo.—As civil unrest heats up again in this St. Louis suburb, one credit union near the center of much of the protest and violence is again concerned about the future.
LAKE FOREST, Ill.—Walmart’s GoBank account is a serious threat to credit unions, say several analysts, including one who is predicting that of the three-million accounts Walmart will add within a year, an astonishing two-million will come from CUs if changes aren’t made.
DES MOINES, Iowa—With two key EMV roadblocks out of the way, CUs should begin their debit card EMV migration planning process, advises Brandon Kuehl in a new white paper from The Members Group.
EUGENE, Ore.—The Oregon Employment Department said its systems have been breached and that records involving 851,322 individuals could be affected.
RALEIGH, N.C.—In advance of revised capital plans and pending stress tests for large credit unions, the $28-billion State Employees' Credit Union said it has adopted a new Capital Plan commensurate with the recently published NCUA guidelines.
HOUSTON–Cardtronics has launched an ATM network that is offering digital rewards to go with cash withdrawals.
ARLINGTON, Va.—NAFCU has sent a letter to the Federal Housing Finance Agency regarding its proposed single security structure.
CHICAGO—A CUToday.info reader is admitting to confusion over the state of student lending, and whether there is or is not a market for credit unions.
BISMARCK, N.D.—Across the country yesterday, credit union representatives had lunch for the credit union cause.
