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There are four major areas in which work toward creating an XML standard payment systems is taking place. Here is a look at them: Industry Collaboration. Industry collaboration ranges from limited private efforts such as Identrus Project Eleanor to larger, industry-wide groups that seek to develop a uniform standard that...

EVELETH, Minn.-U.S. Senator Paul Wellstone (D-Minn.) was killed in a plane crash Friday, October 25, less than two weeks before the culmination of a tight campaign race he had been running. Though it is too early to determine the cause of the crash as small planes do not typically have...

WASHINGTON - Most experts have cited the housing market as being the one bright spot in an otherwise soft economy over the past several months, and some have even credited the vitality of the market for helping to temper the country's economic recession. But things may be beginning to change....

SARASOTA, Fla. - Member Advantage Service Corp. has formed a business alliance with Autoland that will allow Autoland consultants to offer credit unions and members access to the Autoland/Payment Advantage program and the Autoland/Advantage lease. Members will be able to choose from among three finance packages: a conventional loan from...

Credit union marketing has really come into its own since the days when "marketing" was a dirty word in CU land and "member education" was the preferred terminology. But in many credit unions, it still has a long ways to go. Today, virtually every credit union of any size has...

HELENA, Mont. - In what might be compared to a walk-a-thon or more accurately, a drive-a-thon,Tracie Kenyon Karls, president of the Montana Credit Union Network, was determined to "set foot" in all 73 credit unions that comprise the League membership during her first year on the job. "I'm sure glad...

WASHINGTON-On your marks.Get set.Go! After a 15-year hiatus, NAFCU Director of Planning, Programming & Special Projects Joe Boyle ran in the 27th U.S. Marine Corps Marathon Sunday, October 27. He credits the 2002 Credit Union Cherry Blossom 10 Miler with re-peaking his interest in a running routine. "It was a...

CROMWELL, Conn. - The Department of Banking and Consumer Credit Division are sponsoring the "2002 Predatory Lending Conference" Nov. 19. The one-day conference at the Radisson Hotel and Conference Center is designed, said a news release, "to educate mortgage lending professionals, and those in related industries, about the laws and...