BankThink

The migration has been slow, but COOP Financial Services says there's momentum for adoption and usage. There are also signs that card fraud risk is improving.

The National Credit Union Administration acted appropriately, within its legal authority, when issuing its member business lending rule.

President-elect Donald Trump has threatened retaliatory tariffs on China if they cheat on their trading obligations. A good place to start would be China’s payment card market.

Most of the focus for electronic deposits is on mobile-based solutions, but credit unions shouldn't neglect to develop an online solution for use with a desktop computer and scanner.

With identity management now established as a distinct industry, it needs an organization to nurture its practitioners like those that exist for the privacy and security sectors.

Receiving Wide Coverage ...Collecting: The federal government is increasingly garnishing student loan borrowers' Social Security checks to recover unpaid student debt "most of it borrowed years ago to cover their own educations but some used to pay for their children's schooling," according to a report from the Government Accountability Office. Since 2001, the government has collected more than $1 billion from Social Security recipients of all ages to cover unpaid student loans, with $171 million coming in fiscal 2015 alone. That one-year total is up 440% since 2002. Most of the affected recipients are over age 50 and collecting disability benefits, the Wall Street Journal reports.

The Federal Reserve and Federal Trade Commission investigated Visa for debit practices, a move that enhances competition in the marketplace for merchants.

Following the passage of the November ballot initiative, it is hugely important that cannabis businesses in the nation's largest state be able to secure bank accounts, at a minimum.

The banking system ultimately needs a balanced approach to capital, which allows banks to efficiently function while also maintaining financial stability.

Breaking News This Morning ...Deal: Lloyds Banking Group agreed to buy Bank of America's U.K. credit card business, called MBNA Limited, for about $2.4 billion. The deal, which includes about $8.7 billion in assets, would boost Lloyd's share of the British card market from 15% to 26%, about the same share as market leader Barclays. "The deal culminates years of upheaval and reorganization at the bank, which the British government bailed out in the middle of the 2008 global financial crisis," the New York Times said.