News

An integrated online loan application and new member enrollment solution is netting $4.4 billion Digital Federal Credit Union about 65 applications a day, the Massachusetts-based credit union said.

Credit unions and other card issuers might take heart from the news that some of the same people who developed the data encryption standard that currently protects ATM transactions are discussing developing a similar standard for card transactions.

The NCUA is primarily focused on addressing corporate safety and soundness issues, and less interested in tinkering with the structure of the system, said Brad Miller, executive director of the Association of Corporate Credit Unions.

Card issuing credit unions and banks might take a small measure of comfort from the news that Heartland Payment Systems will return to Visa USA's list of firms compliant with the industry's data security standards on May 4.

The last 18 months have proved to be trying times for some broker-dealers as clearing firms have encountered service disruptions and consolidations.

The current economy may have sparked a demand for financial planning careers. The College for Financial Planning has responded by cutting its "foundations in financial planning" course cost from $785 to $385.