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October 17, 2014

ICU Day celebrations highlight strength of movement

CU System
Credit unions across the United States on Thursday opened their doors, reached out to their communities and pulled out the stops in celebration of the 68th annual International Credit Union Day--this year with the theme "Local Service. Global Good." ReadMore

League presidents raise voices for data breach protection

CU System
Credit union leaders continue to shape the narrative surrounding the data breach issue through both media and political channels. That narrative has begun to include work between credit union and bank organizations to coordinate joint messages about concerns regarding inconsistent data security standards for merchants. ReadMore

State, national leaders celebrate ICU Day

Washington
Tributes to the ideal of not-for-profit financial institutions could be heard around the world Thursday as part of International Credit Union Day. ReadMore

Royal treatment only part of global praise for CUs

CU System
The importance that credit unions play in the international financial environment was highlighted across the globe on Thursday--International Credit Union Day. ReadMore

Rep. Marino concerned about interest-rate risk in RBC proposal

Washington
As the National Credit Union Administration prepares to issue a revised risk-based capital proposal for comment, at least one lawmaker said he is interested in seeing the final rule. ReadMore

Payment Security Task Force focuses on EMV implementation

Washington
CUNA Deputy General Counsel Mary Dunn said it is encouraging to see the collaborative efforts, as discussed during a steering committee call of the Payments Security Task Force this week, to address EMV implementation, testing and certification issues that merchants and acquirers have encountered. ReadMore

Corporate CU proposed rule on Oct. NCUA meeting agenda

Washington
The National Credit Union Association released the agenda for the Oct. 23 board meeting, which includes two proposed rules and an update on the National Credit Union Share Insurance Fund. ReadMore

500 FIs commit to Apple Pay, says CEO Cook

Products
With commitments from 500 financial institutions, Apple said Thursday that Apple Pay, its much discussed electronic wallet, will become available to U.S. consumers on Monday. ReadMore
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