Raleigh, N.C.-based Coastal FCU's newest technology--remote video teller kiosks--was in the national spotlight Tuesday in an article in The Wall Street Journal about the latest "gizmos" that enable financial institutions to let their members and customers do-it-themselves.

CUNA and and other financial services groups are largely supportive of the U.S. Patent Office's proposed patent law changes, but the patent proposal could also use some additional tweaks, Eliot D. Williams of Baker Botts L.L.P., testifying on behalf of the Financial Services Roundtable, will tell members of the U.S. Congress today.

During a hearing convened by the Internal Revenue Service Tuesday, the World Council of Credit Unions urged the agency to consider changes to its proposed Foreign Account Tax Compliance Act regulations that would reduce undue regulatory burdens on credit unions in other countries.

During the past year, consumers' knowledge about credit scores improved significantly, with more awareness about who collects information on which most scores are based, the importance of checking this information, what good scores are, how to raise them and what service providers use these scores, according to a new study.