WASHINGTON-In official comment letters to the Department of Housing and Urban Development (HUD) regarding its recent proposal to simplify the regulations implementing the Real Estate Settlement Procedures Act (RESPA), CUNA and NAFCU charged that the amendments would do just the opposite. "NAFCU supports efforts to simplify and improve the mortgage...

WASHINGTON - The Federal Bureau of Investigation's most recent collection of nationwide crime statistics indicate that the Bureau was notified about robberies, including those in credit unions, 3.7% more times in 2001 than it had been in 2000. Generally that is understood to represent an increase in the total number...

NEEDHAM, Mass. - The major technology providers to credit unions - their core processors - are increasingly taking up the fight against check fraud, a silent crime that costs financial institutions far more than bandits with guns. But while financial institutions spend more and more to prevent check fraud, the...

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...