Iowa

• Bradford-Scott Lands Iowa Credit Union

  By Marc Rapport  |  February 6, 2013

  Lennox Employees CU commits to Sharetec core platform from Indianapolis-based distributor.

• Student Debt Relief Bill Floated in Congress

  By Heather Anderson  |  February 6, 2013

  A group of Democratic senators introduced a bill Jan. 23 that would allow privately issued student loans to be discharged along with other bankruptcy debt.

• WesCorp Losses Center of DOJ’s Suit against S&P

  By Heather Anderson  |  February 5, 2013

  Justice Department cites failed corporate in lawsuit, says S&P rigged ratings to please bank customers.

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  Mobility Matters: The Mobile Wallet Wars

  By Robert McGarvey  |  February 4, 2013

  Despite slow uptake and Google's low-touch service, search giant remains largest foe in digital wallet disintermediation threat.

• Student Loan Bankrutpcy Discharge Bill Reintroduced in Senate

  By Heather Anderson  |  January 28, 2013

  Private student loans called "the next mortgage crisis" by co-sponsor Sen. Tom Harkin, D-Iowa.

• Fiserv Inks Six Credit Unions as OnCU Outsourced Core Users

  By Marc Rapport  |  January 28, 2013

  Three of six are current Fiserv customers switching platforms.

• Iowa Businesses Can Now Pay Cigarette Taxes With Dwolla

  By Robert McGarvey  |  January 23, 2013

  Person-to-person payments provider with credit union roots inks pact with state government in hometown Des Moines.

• New Mortgage Rules Make Documentation Biggest Challenge

  By Heather Anderson  |  January 23, 2013

  Because credit unions already generally abide by new final qualified mortgage and ability-to-repay rules released Jan. 10 by the Consumer Financial Protection Bureau, the most difficult compliance burden will be to document the process, said John Bundy, compliance manager for CUNA Mutual.

• Proposed QM Exemption for Small Lenders Doesn’t Provide Much Relief

  By Heather Anderson  |  January 16, 2013

  Compliance specialists cite shortcomings for credit unions in CFPB's new qualified mortgage exemption.

• SHAZAM Network Adds Mobile Apps

  By Marc Rapport  |  January 14, 2013

  The SHAZAM ATM and card processing network has launched an app for debit card holders to access by smartphone or tablet.