The passage of the Credit Union Share Insurance Fund Parity Act has raised a number of questions from credit unions about its potential applications, questions summarized by CUNA in a letter to the National Credit Union Administration Wednesday.
A bill that would change annual privacy notice requirements for certain financial institutions was introduced Wednesday by Reps. Blaine Luetkemeyer (R-Mo.) and Brad Sherman (D-Calif.).
The New York Credit Union Association is closely following a proposed overhaul of the state's data security law that could hold companies to new standards in protecting consumers' personal data.
Data breaches may not always occur at massive retailers such as Target or Home Depot, but that doesn't dampen the serious effect all breaches have on financial institutions and consumers.
The U.S. Congress must act to combat abusive patent demand letters, and a letter from financial trade associations--including CUNA--sets out the principles needed to take action against "patent trolls."
With Apple Pay accounting for two out of every three dollars processed through contactless payment systems, Apple CEO Tim Cook said Tuesday he is "more confident than ever 2015 will be the year of Apple Pay."
Given the opposing forces of a strengthening job market and weakening inflation, the Federal Open Market Committee Wednesday made no substantial changes to forward guidance on when it will raise short-term interest rates from their near-zero levels.