By linking mobile payments with money transfers, Western Union created a new use for Apple's mobile wallet. But it must still rigidly conform to the basic requirements of an Apple Pay transaction — without a bank account, there is no payment.

Anthem Inc., the second biggest U.S. health insurer by market value, said hackers obtained data on tens of millions of current and former customers and employees in a sophisticated attack that has led to a Federal Bureau of Investigation probe.

MADISON, Wis. — The Filene Research Institute and the Cooperative Trust — the CU networking and professional development group for young adults in the credit union movement — have released a new white paper examining the impact of college debt on Millennials.

WASHINGTON — The top regulator at the Federal Housing Finance Agency strongly defended a proposal that would institute new membership requirements for the Federal Home Loan Banks, saying the system needs to be protected from possible abuse.

Coming soon to a computer or tablet near you: open meetings of the NCUA board will be streamed live online, the regulator announced Wednesday.

TEWKSBURY, Mass. — Tewksbury FCU and CU Close LLC, have launched a new collaborative enterprise to help lenders and credit unions profit from combined volume and more efficient vendor management.

Capital modernization is the generational issue of credit unions today.

WASHINGTON — The Senate Banking Committee will hold a hearing Tuesday examining regulatory relief for credit unions and small banks, kicking off what is expected to be a central debate this term over changes to the Dodd-Frank Act.

Vendor management, malware, inadequate training and keeping up with patches lead list of IT issues.

The ever-growing compliance burden is chipping away at much-needed training for business loan officers, leading to a basic skills gap that could be hampering their ability to make loans.

TOPEKA, Kan. — Two Kansas credit unions on Monday announced their intention to merge in 2016, which, if approved by all parties, would create one of the largest CUs in the Sunflower State with $450 million in assets, 47,500 members and 10 branches.

Credit unions applauded introduction of a bill that would raise the asset threshold for direct supervision by the Consumer Financial Protection Bureau from $10 billion to $50 billion, but the measure's eventual fate remains uncertain.

Opinions vary throughout industry on the value of returning bonus dividends to members.

WASHINGTON — President Obama unveiled his fiscal year 2016 budget plan on Monday, proposing additional funding for several financial agencies and defending core tenants of the Dodd-Frank Act.

WINDSOR LOCKS, Conn. — 360 FCU here has been granted a community charter from NCUA.

At cujournal.com, you can do more than just read about the news — you can have your say about it, too. Leave your comments on specific articles online. Read on to see what your colleagues are saying everything from mergers and risk-based capital to payday lending and Super Bowl Sunday.

SALT LAKE CITY — The "Credit Union Difference" is on display in Times Square thanks to Children's Miracle Network Hospitals, which is running an enormous electronic billboard there to thank Credit Unions for Kids and COO-OP Financial Services for all they do to benefit kids.

Sterling Federal Credit Union here has decided to convert from Fiserv Portico to Sharetec for its core and home banking processing.

MADISON, Wis. — The World Council of CUs is now accepting scholarship applications for young professionals to attend the 2016 World CU Conference in Ireland.

Biloxi, Miss. — Keesler Federal Credit Union here announced it has paid out a loan interest rebate and deposit bonus dividend of about $3.4 million to its members.