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Four years after leading the credit union through a controversial bid to convert to bank charter that was put down by the membership, Technology CU CEO Barbara Kamm has announced her retirement with a successorcurrent CFO Todd Harrisalready in place.
February 4 -
CU*NorthWest on Wednesday said it distributed more than 50% of its 2015 net earnings to the CUSO's owners in the form of a patronage dividend.
February 4 -
Its too soon to connect the U.S. EMV migration to a statistical spike in e-commerce crime, but fraudsters already could be reacting to the growth in new chip cards and fast consumer credit approvals by turning to new account fraud, according to Javelin Strategy & Research.
February 4 -
U.S. merchants are still reluctant to embrace 3D Secure technology to protect card-not-present transactions, even though it has vastly improved from the initial tedious version that irritated consumers more than a decade ago.
February 4 -
Super Bowl attendees are predicted to spend an average of $82.19 on food, decor, team apparel and more, up from $77.88 last year. Total spending for Super Bowl 50 is expected to top a whopping $15.5 billion.
February 4
Elavon North America -
Louise Roseman, the longtime head of the Federal Reserve's payment systems division, plans to retire this year.
February 3 -
Wells Fargo's tentative agreement to pay $1.2 billion to resolve claims by the Justice Department that it made shoddy FHA loans is bad news for other banks that are the targets of similar probes.
February 3
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Square, which has been selling its Apple-friendly new reader for $49 on its own site, revealed Feb. 3 that it will sell the readers for the same price at Apple stores.
February 3 -
The Consumer Financial Protection Bureau should have direct oversight of auto dealers instead of being forced to go through indirect auto lenders to make changes to the market, Sen. Elizabeth Warren, D-Mass., suggested Wednesday.
February 3 -
The Consumer Financial Protection Bureau stepped up efforts Wednesday to encourage banks to offer simple checking and savings accounts, but many institutions said it is regulations and other factors that are preventing them from reaching the underbanked.
February 3
