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ARLINGTON, Va. - Gift cards, prepaid card products that usually carry the Visa, MasterCard or American Express logos and which can be given as gifts in place of the more traditional gift certificates, seem poised for a strong holiday season in 2004 and a very active 2005. They can be...

PHOENIX - Mesa Bank was recently reminded of the American Bankers Association's "super priority" of doing away with credit unions' tax exemption status. That reminder came from the Arizona Credit Union System through a Nov. 19 letter to the Phoenix Business Journal in response to comments made by Neil Barna,...

WASHINGTON-NCUA recently issued a proposal to amend the Federal Credit Union Bylaws, to which both CUNA and NAFCU responded that the agency could be even more flexible with the bylaws. "CUNA believes NCUA has the legal authority to provide more options to federal credit unions to draft their own bylaws,...

LEEDS, UK; and GLASGOW, Scotland - The British Financial Services Authority (FSA), which regulates UK credit unions, took over the regulation of mortgages on November 1, and for the first time credit unions have been given the right to offer 25-year mortgage loans. Prior to the new regulations the repayment...

RANCHO CUCAMONGA, Calif. - A member of Patelco Credit Union won first place in the California and Nevada Credit Union Leagues' annual PAC raffle. Two Wescom CU members won second and third prizes. Nancy Saelee, a member of Patelco's Merced, Calif. branch, won $15,000 from a single $5 raffle ticket....

INDIANAPOLIS - FORUM Solutions CEO Doug True said he knew the CUSO had really arrived after putting on its first users conference. "Our partners asked for it, we were originally planning on doing it in 2005, our partners (credit unions) said we'd like you to do it this year," said...

NEEDHAM, Mass.- A TowerGroup research report titled A Phish Tale? Moving From Hype to Reality finds that despite the media attention to email "phishing" scams, direct fraud losses attributable to phishing may be less than expected. The actual dollar value of phishing-related fraud is expected to total just $137.1 million...

More Effort Needed to Prevent, Detect Identity Fraud PLEASANTON, Calif. - A recent Javelin Strategy & Research study finds that while a few financial institutions have focused on identity theft and related fraud resolution, they must "deputize" consumers to help contain the threat. For example more financial institutions should be...