HONG KONG -- Australian credit union executives attending this year's World Credit Union Conference have largely validated Visa and MasterCard's position on card interchange in the U.S.

HONG KONG -- Former U.S Senator Paul Sarbanes (D-Md), one of the original authors of the Sarbanes-Oxley law, told reporters in Hong Kong today that, in his opinion, U.S. financial regulators need to better use regulatory authority they have already.

HONG KONG -- World Council of Credit Unions Chairman Melvin Edwards fears the current period of instability in many of the world's financial markets less than a regulatory backlash which might arise because of it.

DALLAS -- Running against the current trend which has been away from credit unions selling their card portfolios, TNB Card Services announced it has purchased a CU card portfolio worth $10 million.

HONG KONG -- JULY 13-- Even though the World Council of Credit Unions reports that only three of the attendees at this year's World Credit Union Conference are from the People's Republic of China, the bulk of the economic giant rested high in the mind of other attendees.

HONG KONG -- More than 1,300 executives from credit unions and financial cooperative organizations from around the world will meet tonight (Saturday in the United States) to inaugurate its 2008 World Credit Union Conference. The Conference will run in Hong Kong from July 13 through July 18 (July 12 through...

ATLANTA -- Shared branching continues its march across the globe as CO-OP Shared Branching has added international passports and Canadian drivers licenses as permitted forms of identification for shared branch transactions.

RIVERWOODS, Ill.-- A monthly survey of consumer attitudes toward spending has documented the continuing slide in consumer spending on discretionary items in favor of spending on essentials.