News

Credit unions won a victory Thursday night when a Senate committee approved an amendment to remove a provision that would limit credit card interchange rates on government transactions.

FedComp, a provider of core processing and related services to small credit unions, said it has created a new Relationship Management Department.

NAFCU has used a letter to the leadership of a House Subcommittee to voice credit union's continuing objections to debit card interchange regulation.

A credit union executive will tell a House Small Business Committee's Subcommittee on Oversight and Investigations that the new federal interchange rules will mean his CU will have to start charging members for using debit cards.

Partisan maneuvering derailed, at least temporarily, Senate action on s small business lending bill.

A mobile remote deposit capture (RDC) solution that allows camera-equipped smartphones to be used to deposit checks is now being offered by Bluepoint Solutions.