ANAHEIM, Calif. - Clarke American deployed its first XML interface partner, WESCOM Credit Union, using the IFX XML standard. The solution allows WESCOM to data-stream directly to Clarke American's enterprise system over the Net. The IFX Forum, which administers the XML standard, is a non-profit organization charged with developing an...

WASHINGTON - The Federal Reserve approved updated Reg Z regulations on the federal Home Ownership Equity Protection Act (HOEPA) that will help address the problem of predatory lending. The Fed's rule to the provisions of Truth in Lending that implement HOEPA broadens the scope of mortgage loans subject to HOEPA...

WASHINGTON - NCUA has proposed an amendment to revise Part 704, the corporate CU regulation. The new amendment would allow all corporates to engage in loan participation, something individual corporates asked NCUA for this year in the form of waivers. NCUA's take on capital was one of the most anticipated...

MADISON, Wis. - Financially-sound workers are productive workers. That's the view of Thomas Garman, Director of Educational Services at the InCharge Institute of America, Orlando Florida. Garman told a colloquium sponsored by the Filene Research Institute, the Center for Credit Union Innovation, and the Center for Credit Union Research at...