CU Members Mrtg Extends EducationDALLAS-CU Members Mortgage said it has committed to educating its credit union partners-along with other interested industry representatives-to keep staff prepared for change. Topics it provides for its client partners include: SAFE Act, including Loan Officer compensation and NMLS requirements; Qualified Residential Mortgage (QRM), secondary marketing; FHA Origination; Fannie Mae LQI, and; maximizing income while minimizing risk in mortgage lending.For info: www.cumembers.comSynergent, MVFCU To PartnerPORTLAND, Maine-Merrimack Valley FCU has signed an agreement to join Synergent Card Services Debit/ATM card processing. The $431-million CU currently partners with Synergent Technology Services and the Episys core processing solution.For info: www.synergentcorp.comCUES Partners With BVS PerformanceMADISON, Wis.-The Credit Union Executives Society and Cedar Rapids, Iowa-based BVS Performance Systems have signed an agreement to offer online education to credit unions.For info: www.cues.orgLPL Financial Recognizes MACU SALT LAKE CITY-The investment services program offered at Mountain America CU has been named LPL Financial's 2011 Program of the Year.For info: www.lpl.comS1 Corp Combining With FundtechATLANTA-Online services provider S1 Corp. said it is combining with Fundtech Ltd., a Jersey City-based provider of software and services, in a stock-swap merger of equals. The combined company will be based at S1's headquarters in Atlanta and will be called Fundtech.For info: www.s1.comNSCU Names Cathedral As PartnerROME, N.Y.-Cathedral Corp. has been selected by NAFCU Services Corp. as its Preferred Partner for printed and electronic financial communication programs, personalized direct mail and e-marketing services.For info: www.nafcu.org/nafcuservicesWesterra CU Chooses CO-OPRANCHO CUCAMONGA, Calif.-The $1.2-billion Westerra CU, Denver, has chosen CO-OP Financial Services for credit card transaction processing as part of a program to increase member use of its cards and drive efficiencies. For info: www.co-opfs.orgMember Referral Program LaunchedCLARK, N.J.-CU Student Lending, marketer of the cuStudentLoans private student loan program, has rolled out a member referral program that allows credit unions outside of the CU Student Lending network to offer loans to members. For info: www.custudentloans.org
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While banks will likely increase near-term dividend plans, analysts and investors are more focused on the long-term outlook for capital requirements from regulators.
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The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.
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GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
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As banks consider their strategies, other big names are also considering a role for digital assets.
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The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.
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Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.
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