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CUNA CEO Dan Mica writes to "provide greater context to two statements in the April 19, 2010 article entitled, 'NCUA Unlikely to Press Congress for Capital Relief,' which could leave readers with the incorrect impression that capital reform is dead and that CUNA and NCUA have abandoned their efforts on this issue."
May 10
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Aite Group senior analyst Ron Shevlin thinks there's more to customizing web ads than just targeting customers with offers for products they're already using.
May 7
Asset Securitization Report -
Some people believe the Greek fiasco won't spread to the rest of southern Europe. Unfortunately, the contagion has already begun.
May 7 -
It used to be common for children to piggyback on their parents' credit to buy a car. Now, according to an auto leasing company, the opposite is happening.
May 6
American Banker -
Contrary to what Stephen Lubben at Credit Slips and other academics have argued, provisions that accord legal certainty to derivatives and foreign exchange - in the bankruptcy code and elsewhere under U.S. law - do not increase systemic risk. In fact, they are fundamental risk mitigants.
May 6 -
The Center for Plain Language gave its WonderMark award (as in I wonder what they were thinking) for unclear language to a letter Chase sent credit cardholders in February announcing changes to their accounts.
May 4Asset Securitization Report -
The Pay With Rewards program allows cardholders to convert points they earn on their purchase into cash credit. This credit can be applied when they make a purchase at any merchant that accepts MasterCard. But this credit will reside on a separate card - think of it as a prepaid debit.
May 3 -
The scenario: Inspired by the high-profile and widely watched NFL Draft at Radio City Music Hall in New York City, credit unions opt to hold their first-ever Credit Union Draft ...
May 3 -
Recent articles have suggested CU members face a greater risk of fraud when using their debit cards than credit cards. Based on our experience in providing fraud protection services for more than one-billion credit card and debit card transactions annually, we continue to believe that debit cards provide members with a safe, convenient way to make purchases and pay bills.
May 3
