The Credit Union Trends Report is a monthly “pulse check” on the state of the credit union marketplace, often placed in a historical context. The report is published and distributed by Steven Rick from CUNA Mutual Group. View Steven’s biography.March 2016Credit union used auto loan balances rose 1.3% in January, faster than the 0.8% pace set in January 2015, and rose 13.5% during the last 12 months. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
62SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Thanks to an industry-wide push by manufacturers, associations and processors, a good portion of ATM operators are aware of the upcoming MasterCard liability shift on October 1, 2016, even if some are still not certain of all details (e.g. chargebacks, path to EMV, etc.). Visa implements their own liability shift on October 1st of the following year.The liability changeover could be very worrying for many, especially as skimming fraud numbers have spiked to all-time highs – up 546 percent from 2014 to 2015, according to a recently released report from FICO. Merchants are certainly beginning to feel the pinch. Their MasterCard liability shift hit in 2015, spawning a series of litigation, lawsuits and questions about EMV’s readiness for mainstream use in the U.S. Operators Speeding Up EMV ImplementationThere may be some good news for the ATM industry. The 2016 ATM Channel EMV Readiness Survey from the ATM Industry Association (ATMIA) reports 51 percent of the 120 respondents have already upgraded more than half of their fleet. While only 19 percent of those machines were reported as actively capable of accepting EMV chip transactions, the percentage is projected to reach 58 percent by the end of 2016. continue reading »
“The first season was great and the second obviously ended in us getting promoted and now we’re in the Premier League where we want to be, so I’m really happy here and pleased that I’ve done this.” Jedinak won Palace’s player of the year award last season as they earned their place in the Barclays Premier League through the play-offs. While their fortunes this term have been somewhat chastening – they lie bottom of the standings, six points adrift of safety – Jedinak penning a new deal is likely to appease the club’s supporters. He added: “I’ve built some strong relationships with players here and I’ve tried to make myself available to every player that comes through the gates and make them feel welcome and part of what we do. “Everyone knows what we’re about here and I have no doubts that we’ll continue to push forward.” The 29-year-old midfielder has proved very popular since arriving at Selhurst Park in July 2011 from Turkish outfit Genclerbirligi and will now stay with the London club until June 2017. The Australian international told the club’s official website: “I’m ecstatic to put pen to paper on a new contract, I’ve been a part of this football club for two and a half years and I’ve enjoyed every moment of that. Press Association Crystal Palace captain Mile Jedinak has committed his future to the club after signing a new three-and-a-half-year deal.
Katie Chin | Daily TrojanThis week, the sixth-ranked men’s tennis kicked off its fall tournament schedule at the Claremont Futures Tournament in Claremont, Calif., as USC looked to earn wildcard spots in the Claremont Pro Futures Tournament. Trojan juniors Jack Jaede and Laurens Verboven surpassed the qualifying round and competed in the main draw on Wednesday. Both entered the tournament unseeded. Jaede defeated teammate Thibault Forget to advance, while Verboven took out the No. 1 seed, Cal graduate Florian Lakat, 6-4, 7-5.The Men of Troy now have a packed schedule for the remainder of September, traveling around California to play in various tournaments, and topping off the month in Tulsa, Okla., for the St. Francis Health System ITA All-American Championships on Sept. 30. The squad’s only home match will take place onOct. 26, in the SoCal Intercollegiate Championships.Though every team, every year must face the loss of its graduates, the Trojans are coming back from their loss with an interesting twist. David Laser, Nick Crystal and Rob Bellamy have now finished their collegiate tennis careers, making room for a pair of impact freshmen: Daniel Cukierman and Mateusz Smolicki.“They bring a love for the game of tennis and maturity,” head coach Peter Smith said. “Although they are freshmen, they are both a little older and are not your typical freshmen.”Cukierman, 21, and Smolicki, 19, are currently ranked on the ATP World Tour at 579 and 610, respectively.Last year, the Trojans clinched their third Pac-12 championship in an upset over UCLA. However, coming off of a conference title means little to Smith.“This is ’SC — a lot more is expected than a Pac-12 championship,” Smith said.After winning the conference, however, the Trojans could not keep the ball rolling through the NCAA Championships. After entering as the No. 4 seed, the team made easy work of Denver in the first round, defeating the Pioneers 4-0. In the Sweet Sixteen, USC topped Wisconsin 4-0.But the Trojans couldn’t overcome Georgia in the quarterfinals. USC fell 4-3 in a tight loss to the No. 13 seed, and the Bulldogs went on to lose to Virginia in the championship as the Cavaliers took home their third straight national title.USC aims to rebound from last season’s disappointment, starting with a strong fall season. The team will be in Napa, Calif., for its next tournament on Friday. The Napa Challenge kicks off on Sept. 15 and runs through the weekend.