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SYDNEY, Australia - When the Reserve Bank of Australia (RBA) expressed some worries about a VISA debit card, credit unions, buildings societies and St. George and Bendigo Banks started talking. Together they put together a position paper on the product. "Visa Debit in Australia is a unique product that combines...

ALEXANDRIA, Va.-NCUA has been granting underserved area group additions at an unprecedented pace this year. In September alone, 20 total groups were approved for 15 federal credit unions creating an additional 1,505,154 new potential members. No applications were denied and 10 were deferred. Additionally, one federal credit union with $130...

INDIANAPOLIS - Internet solutions firm VIFI has been ranked 100th in the Inc. 500 annual listing. The Inc. 500 ranks the fastest growing private companies based on their increase in sales revenue over the previous five years. VIFI is ranked 100 due to a 2,353% growth between fiscal years 1996...

RANCHO CUCAMONGA, Calif. - CU Direct Corp., in a move the company says will help lower fees for credit unions participating in the CUDL network, has restructured its pricing based on funded contracts rather than each transaction through the CUDL system. Under the former pricing structure, credit union fees were...

COLUMBIA, S.C. - A software company whose products help screen 85% of all U.S. credit card transactions now wants to throw its neural net over money laundering. HNC Software (www.hnc.com) of San Diego, Calif., now is offering Falcon for Money Laundering to the financial-services industry. Falcon software uses neural network-based...

WASHINGTON-While credit unions seem to be initially pleased overall with the new incidental powers regulation passed by NCUA at its July board meeting and effective September 5, changes can still be made, according to NCUA officials on a CUNA-sponsored audio conference. A few changes were made from previous agency policy...

LATHAM, N.Y. - Credit unions have been left with many uncertainties concerning their future and the outlook for the economy as a result of September 11's terrorist attacks. The New York State Credit Union League has scheduled a special series of free forums - "The Future of our Business" -...

Illinois Credit Union League, Naperville, Ill., has named Julie Boardman national account manager for the Illinois Credit Union League Service Corporation. MidWest Financial Credit Union, Ann Arbor, Mich., has named Eunice Dobbs vice president of service and business development.