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Home Depot to Disclose Settlement Communications

CU Times - Wed, 12/16/2015 - 5:41pm
Attorneys for FIs suing the retailer over a 2014 breach tell their clients to hold off on accepting settlement offers.
Categories: Credit Union News

Heartland Acquired by Global Payments, Inc.

CU Times - Wed, 12/16/2015 - 3:40pm
Deal to purchase Heartland Payment Systems worth approximately $4.3 billion.
Categories: Credit Union News

Fed Rate Hike Brings Relief

CU Times - Wed, 12/16/2015 - 3:30pm
Trades react to the Fed’s long-awaited interest rate raise announcement, which takes effect Dec. 17.
Categories: Credit Union News

Fed Raises Rates 0.25%

CU Times - Wed, 12/16/2015 - 1:41pm
The FedFunds target rate is now 0.25% to 0.50%.
Categories: Credit Union News

NCUA Board to Finalize IOLTA Rule

CU Times - Wed, 12/16/2015 - 11:54am
The agency will also begin collecting comments regarding its EGRPRA-required regulatory review.
Categories: Credit Union News

NCUA Board to Meet Thursday

CU Times - Wed, 12/16/2015 - 11:54am
The agency will discuss the EGRPRA and vote on a final share insurance coverage rule in its final meeting of the year.
Categories: Credit Union News

Phishing Email Targets Pandora Jewelers

CU Times - Wed, 12/16/2015 - 11:12am
Holiday season virtual threats continue as scammers attempt to capture financial information via a fake email ad.
Categories: Credit Union News

Credit Unions Honor, Hire and Promote

CU Times - Tue, 12/15/2015 - 8:05pm
The credit union industry buzzes about retirements, a CFO of the year award winner and numerous new hires this week.
Categories: Credit Union News

Heartland Association Elects Inaugural Board

CU Times - Tue, 12/15/2015 - 4:15pm
Newly-formed Kansas-Missouri league plans to select its first CEO in Q1 2016.
Categories: Credit Union News

McWatters Calls for Exam Appeals Rule

CU Times - Tue, 12/15/2015 - 3:53pm
NCUA board member says the agency has authority to implement Exam Fairness Act provisions.
Categories: Credit Union News

Marijuana Legalization: The HR Response

CU Times - Tue, 12/15/2015 - 1:01pm
In the four states that have legalized recreational marijuana use, 73% of employers have a zero-tolerance policy.
Categories: Credit Union News

FDIC Approves Smaller 2016 Operating Budget

CU Times - Tue, 12/15/2015 - 11:42am
Budget dollars drop by 4.7% for 2016. The FDIC also plans to eliminate 317 positions from its staff.
Categories: Credit Union News

Cashless Payments Grow Worldwide: RBR

CU Times - Tue, 12/15/2015 - 11:09am
A new study reveals while cashless payments rise by 7.6% annually, the use of cash remains relevant.
Categories: Credit Union News

Credit Union Board Attorney Pleads Guilty to Embezzlement

CU Times - Mon, 12/14/2015 - 6:04pm
Tommy Robertson, a former Mississippi state senator, is accused of stealing more than $375,000 from Singing River FCU in 2013.
Categories: Credit Union News

Mortgage Delinquencies Back to Normal in 2016: TransUnion

CU Times - Mon, 12/14/2015 - 4:25pm
Mortgages 60 days or more past due will drop to just 2.06%. Credit card delinquencies will remain at 1.46%.
Categories: Credit Union News

Performance Reviews Need Fixing: Towers Watson

CU Times - Mon, 12/14/2015 - 4:19pm
Employers begin to favor frequent manager-employee interactions over annual, check-the-box evaluations.
Categories: Credit Union News

6 Realities of Testifying Before Congress

CU Times - Mon, 12/14/2015 - 11:55am
Thinking of discussing regulatory burdens at an upcoming hearing? Here’s what credit union executives need to know.
Categories: Credit Union News

Obama: US must fix 'unequal economy'

BBC News World - Wed, 12/04/2013 - 9:27pm
President Barack Obama calls for government action to remedy what he describes as profound income inequality and a lack of social mobility in the US.
Categories: World News

Apple Inks Deal With World’s Largest Mobile Carrier

Time Magazine Latest Money News - Wed, 12/04/2013 - 9:19pm
At long last, the world’s largest mobile carrier by users, China Mobile, will start offering iPhones on its network after the company signed a deal with Apple. The U.S. tech behemoth has been reluctant to use the Chinese carrier’s relatively unreliable 3G network, but as China Mobile goes 4G on Dec. 18, the iPhone is expected to be an integral part, the Wall Street Journal reports. Gaining access to China Mobile’s 700 million subscribers could add almost 20 million additional iPhone activations in 2014, says research firm Trefis, representing a 17% increase from Apple’s handset sales in the fiscal year that ended Sept. 28. Experiencing slowing revenue growth in the U.S., there is a major opportunity for Apple in China, a market where it has so far struggled amid competition from lower-cost rivals. [WSJ]
Categories: Financial News

Q&A: Arundhati Roy on India editor 'sex case'

BBC News World - Wed, 12/04/2013 - 9:01pm
Arundhati Roy on the media 'hysteria' over editor sex case
Categories: World News

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