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LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
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RON JOOSSASSISTANT EDITOR
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TOM SAKASHSTAFF NEWSWRITER

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California And Nevada Leagues Launch Compliance Tool

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ONTARIO, Calif. (5/17/13)--The California and Nevada Credit Union Leagues have launched PowerComment, an interactive online tool designed to help credit unions in the two states more efficiently express their compliance concerns to regulators.

"We want to encourage credit unions to comment on proposed rules, and make it easy for them to do so, in an effort to minimize the impact of final regulations," said Sharon Lindeman, the leagues' vice president of regulatory advocacy. "When we spend the time up front and comment on proposals, we can help shape the rules and try to stop overly burdensome directives later."

PowerComment.org will allow credit unions to:

  • Find up-to-date and easily digestible information on proposed rules, including a summary of pending regulations and potential financial, operational and member service impacts;
  • Participate in discussions to increase their understanding of proposed regulatory rules; and
  • Write comment letters to regulators and immediately submit them.

CU Magazine's Coverage Of FinovateSpring 2013 Continues

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SAN FRANCISCO (5/17/13)--Credit Union Magazine continues its coverage of FinovateSpring 2013, a two-day showcase of the innovations in financial and banking technology.

Click to view larger image FinovateSpring 2013, held in San Francisco Tuesday and Wednesday, showcased 63 innovative financial services products, which were demonstrated to conference attendees. Credit Union Magazine Editor-in-Chief Steve Rodgers provided coverage of the conference. (Photo provided by CUNA)
Credit Union Magazine Editor-in-Chief Steve Rodgers attended the conference, watching 63 companies showcase the latest products in financial services. At the end of the event, participants voted on the Best Show presenters, who included:

  • BehavioSec, for its new security layer based on user typing/swiping patterns;
  • BillGuard, card charge dispute platform, BillGuard FI;
  • Dwolla, FISync service to enable banks to originate real-time payments;
  • iQuantifi, new financial planning and advice tools;
  • MoneyDesktop, personal financial management platform and integrated "deals";
  • Personal Capital, iPhone app and interbank funds transfer; and
  • SoMoLend, person-to-person lending platform.
For further coverage of FinovateSpring 2013, use the link.