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News Now

Washington
Monthly Payments Webinars Previewed In Cheney Report
WASHINGTON (10/21/13)--In the latest edition of The Cheney Report, Credit Union National Association President/CEO Bill Cheney previews a new series of monthly upcoming webinars that will help credit unions tackle the challenges brought on by the changing nature of payments systems and technologies.
 
The first webinar, which is scheduled for Oct. 21 at 2 p.m. (CT), is part of a series on the future of payments. The CUNA Technology Council will present the webinar, during which PSCU Executive Vice President Fredda McDonald will discuss:
  • Closed Loop versus using the current rails;
  • Credit versus Debit in the mobile payments space;
  • Cloud payments versus the mobile wallet;
  • What role loyalty plays for credit unions, and how they can leverage it; and
  • How payment system changes can offset the loss of interchange income.
 
Use the resource link to register for the webinar.
 
Cheney also discusses the results of a CUNA survey on upcoming Consumer Financial Protection Bureau mortgage rules. (For more, see today's story: CUs Wary Of New Mortgage Rules, CUNA Survey Shows.)
 
This week's edition of The Cheney Report also:
  • Thanks to credit unions that helped their members make it through the federal government shutdown;
  • Provides a preview of how tax reform discussions could progress as Congress returns to normal business;
  • Gives credit unions an example of why they must continue to advocate for their tax status; and
  • Details the items on the National Credit Union Administration's October open board meeting agenda.
 
Use the resource link to read the latest in The Cheney Report.
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