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GAINESVILLE, Fla.—Much of the fraud involving counterfeit credit, ATM debit and retail gift cards relies on the ability of thieves to use cheap, widely available hardware to encode stolen data onto any card's magnetic stripe.

SEATTLE–The purchase of a new core system is one of the biggest expenses any credit union faces. But what many find most aggravating are the conversion fees that must be paid to old and new provider alike, observed one person here.

SEATTLE–It’s one of the greatest strengths credit unions have, a key to defending the tax exemption and creating institutional differentiation—but it’s also time for some new blood.

SEATTLE–It’s time to face it: members increasingly do not want a face-to-face relationship with their credit unions.

WASHINGTON–Consumers repaid $40.3 billion in credit card debt during Q1 2018, but the charge-off rate is also at its highest point in six years and one forecast for what’s ahead is rather gloomy.

WASHINGTON—A North Carolina debt collection operation, Lombardo, Daniels & Moss, and its principals, Dion Barron and Charles R. Montgomery III, will be banned from the debt collection business under settlements resolving Federal Trade Commission charges that they used false threats to get people to pay for debts they did not owe, the FTC reported.

SEATTLE–The missing link in strategic planning at many organizations is usually the execution piece, according to one expert who challenged credit unions to address the reasons why.

WASHINGTON–One bankers’ group is expressing what it is calling “strong opposition” to the NCUA board vote in favor of a second field of membership proposal.

WASHINGTON—The Department of Housing and Urban Development (HUD) has published an advanced notice of proposed rulemaking to reconsider the implementation of the Fair Housing Act's (FHA) "disparate impact" standard.

Early last month, the Iowa legislature passed the largest tax overhaul in state history. Absent from the final bill was a Senate-passed tax on credit unions.