THE news

SAN ANTONIO—An individual claiming to be a member of Security Service FCU here is challenging how the credit union funds supplemental retirement benefits for its executives, questioning whether the credit union is appropriately using members’ money to fund those benefits.

BEIJING, China—As if the complexity of mobile wallet offerings in the wake of Apple Pay and Samsung Pay weren’t enough, there’s a new wrinkle in e-wallets that is likely on its way to the U.S.: an e-wallet account that pays interest.

NEW YORK CITY—What’s love got to do with it? A lot, according to Mollie Bell, chief innovation officer with the Filene Research Institute. Bell told PSCU’s MoPRO meeting here that love for the credit union business model and what it means to people—especially Millennials—will be critical for future growth. But she also made clear that love alone cannot conquer all.