HERNDON, Va. - Participants in NACHA's Internet Secure ATM Payments (ISAP) Pilot have proven that consumer ATM/debit cards can be used on the Internet with transaction authentication and security that are comparable to point-of-sale purchases. The pilot successfully processed 598 transactions in which digital signatures substituted for personal identification numbers....

DES MOINES, Iowa and MELROSE, Minn. - The Principal Employees' Credit Union will change its name to Premier Credit Union effective September 1, 2001. According to PCU President/CEO Jim Niederhauser the new name will better reflect the credit union's diverse membership. The credit union's Web address will also change. There...

ALEXANDRIA, Va. - The NCUA Board has proposed a rule that would greatly expand who can be reimbursed when accompanying a federal credit union board official traveling on credit union business. Currently, the Federal Credit Union Act allows a board official and one "immediate family member" to be reimbursed for...

RANCHO CUCAMONGA, Calif. - The California Credit Union League's Shapiro Group is providing grants to small credit unions to help them complete or update their policies, and to hold strategic or scenario planning sessions. Under the policy assistance program, the Shapiro Group will reimburse CUs of up to $20 million...

MADISON, Wis.-CUNA's 2001 Symposium is gearing up with several features specifically aimed at smaller credit unions, including a pre-conference workshop in e-business; special conference sessions; and pricing arrangements aimed at making the Symposium more accessible to small credit unions. The pre-conference workshop, "An e-Business Day for Small Credit Unions," will...

WASHINGTON - CUNA, a new member of BITS, an IT group consisting of industry representatives that is working on developing standards for doing business online, recently submitted a comment letter about BITS' draft entitled Framework for Managing Information Technology Service Provider Relationships. CUNA suggested a number of changes to the...

HERNDON, Va. - Navy FCU is the latest credit union to join NACHA's Project ACTION initiative. Project ACTION (www.project-action.org) is attempting to use the established ACH network to make e-commerce transactions more secure. The group wants to have a system where the consumer selects their financial provider to "push" a...

SACRAMENTO, Calif. - Hoping to meet its goal of raising $1 million in political action funds through the 2002 election campaign, the California Credit Union League has sent a first-ever direct mail solicitation to suppliers urging them to ante up. "You and/or your company's contributions represent an opportunity to take...