WASHINGTON — Canada's embassy here played host to several hundred credit union representatives as part of a reception for the World Council of Credit Unions prior to CUNA's GAC here.

WASHINGTON – MasterCard said this morning during CUNA’s Government Affairs Conference that Lake Trust CU will be one of the first credit unions to test its new digital wallet, MasterPass, as part of a broader roll-out to credit unions.

The surge of membership resulting from Bank Transfer Day is good news overall, but it has not done much to lower the overall age of members.

Dennis Dollar said he has not participated in a single strategic planning session at a credit union over the past three years during which the issue of an aging membership hasn't been discussed.

This week, Speaker of the House John Boehner will be only the second sitting Speaker to address CUNA's Governmental Affairs Conference.

Fraud losses on U.S. credit and debit cards, after years of decline, now appear to be on the rise again. And one key culprit, according to experts, is this country's slow adoption of technology that will improve security.

The Consumer Financial Protection Bureau has received its second warning for unclear and inefficient supervision from the U.S. Chamber of Commerce.

NCUA will review 16 of its regulations during 2013 for greater clarity and understanding as part of its three-year regulatory review cycle.

There would be greater clarity-and, for that matter, brevity-in the regulations themselves, which would also help credit unions more effectively comply, says State Department FCU's Devin Lyon.

By all accounts, Nadine Vichich is looking forward to the retirement that will be coming her way sooner rather than later.

While member business lending gets a lot of the attention, reducing regulatory burden continues to be a priority for CUNA, according to CEO Bill Cheney.

NAFCU recently reiterated its call for Congress to provide broad-based regulatory relief to credit unions, outlining a five-point plan that it said would provide administrative, capital, structural, operational and data security reforms.

CO-OP Financial Services hopes the model used in one of the oldest staples of credit union cooperation, the shared branch, can drive new digital commerce innovation such as person-to-person payments and mobile remote deposit capture.

As more than 4,000 credit union faithful descend on Capitol Hill this week, the focus in on Beltway politics. With that in mind, Credit Union Journal has assembled a special section on everything from credit union lobbying efforts to new regulations coming out and everything in between.

NCUA Issues Risk Alert Warning of DDoS Attacks

This year will continue a trend one person sees exacerbating the growth divide in credit unions: the ability of larger CUs to attract better strategists.

The pressure on margins and multiple threats to non-interest income require that credit unions get better at understanding what each member brings to and takes away from the cooperative, according to one expert on data analysis.

Rich Weissman, president CEO of DMA, outlined five funds transfer pricing models, from simple to complex.

Dennis Sommer, president & CEO of Alliance Credit Union, will be retiring March 1 after 28 years as CEO and 40 years in credit unions.

The release of a long-awaited federal rule on housing discrimination is bad news for lenders who fear being targeted in fair-lending suits, according to lawyers who represent the defendants in those cases.