Compliance

The National Association of Federal Credit Unions is calling for stricter regulation of marketplace lending.

A data breach-related court case involving Wyndham hotels and new Defense Department rules governing contractors provide banks some dos and don'ts in bringing vendors' security practices into line.

The National Association of Federal Credit Unions is calling for stricter regulation of marketplace lending.

ALEXANDRIA, Va. — NCUA Chairman Debbie Matz said the agency will formally invite credit union stakeholders and the public to comment on the methodologies for calculating both the overhead transfer rate and the federal credit union operating fee.

The Iowa Credit Union Division on Friday was granted authority by a District Court to place SCICAP Credit Union, based here, into receivership.

TUSCALOOSA, Ala. — At least one person wasn't surprised by the Alabama Credit Union Administration's decision to conserve Alabama One CU: its former CEO.

Banks need more clarity about the circumstances under which attorney-client privilege applies. Otherwise they may decline to ask questions about the legality of their actions, leading to even more compliance problems.

The Alabama Credit Union Administration on Thursday placed $598 million Alabama One Credit Union, based here, into conservatorship.

The Debit Network Alliance last week officially launched its shared application identifier (AID) for EMV debit routing, but merchants likely won't be in any rush to implement the technology despite the fast-approaching Oct. 1 liability shift.

First Data Corp. selected Citigroup Inc., Morgan Stanley and Bank of America Corp. to manage its initial public offering planned for this year.