News

Credit unions and their allies clashed once again with merchants and consumer advocates over additional efforts to regulate interchange fees during last Thursday's hearing before the House Financial Services Committee.

Effective Oct. 31, CO-OP Financial Services will take over CUNA Mutual's LoanLink Center. The LoanLink Center is a 24 hour call center that offers member services and indirect lending for credit unions.

Lending Solutions Inc., a lending services consultant for financial institutions, announced a new addition to its auto loan recapture program, Recapture Pro.

TNB Cards services has launched a Web site to help its client credit unions better market their credit and debit cards.

It's no secret that Gen Y is an online generation that wants instant access to everything, including their financial institutions. The issue that credit unions should be looking at is what Gen Y is doing with that instant access.

Visa USA has stepped out with a set of best practices that it has offered retailers to help them encrypt credit and debit card data in their systems.