THE feature

WASHINGTON—Saying that 2015 will be the “year of regulatory relief,” NCUA Chairman Debbie Matz promised the risk-based capital rule will be the last significant safety and soundness rule change from the agency for the foreseeable future—adding that a separate interest rate risk rule (IRR) may not be coming.

WASHINGTON—Former four-star general Stanley McChrystal told credit unions that as they continue to grow and advance technologically, it’s critical not to lose an important skill that leads to any team’s success—strong communication.

TAMPA, Fla.—Samsung Pay’s entrance into mobile payments bodes well for issuers, say analysts, who believe the digital wallet will drive down or eliminate Apple Pay’s transaction fee issuers are now paying.

BIRMINGHAM, Ala.—Has Samsung leapfrogged Apple in the mobile payments space? Whether or not that is the case with Samsung’s introduction of Samsung Pay, experts say the competition only bodes well for issuers.

LAKEWOOD, Colo.—2015 may be the year “beacon” technology becomes widely used by retailers, with some credit unions and banks also turning to the same technology, according to two experts.

WASHINGTON—Dennis Dollar says NCUA’s “flat-tax” NCUSIF premium system is working fine, and that NCUA’s interest in risk-basing the premium is a “solution looking for a problem.”

ROYAL, OAK, Mich.—After a lengthy 15-month review, NCUA has deemed the American Consumer Council (ACC) compliant with its field of membership guidelines for an associational select employer group. Analysts are suggesting that decision is indicative of problems with field of membership reviews.

ARLINGTON, Va.—A final risk-based capital rule is likely this year, but analysts say whether that happens or not depends largely on the number of comments, how much work NCUA has to do to address the feedback and if Congress intervenes.