Items Tagged with 'remittance'

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Compliance Q&A: Regulation E Remittance Transfer Rule

Does the rule apply to prepaid cards purchased at a CU and sent to someone in a foreign country?
October 20, 2013
Does the rule apply to prepaid cards purchased at a CU and sent to someone in a foreign country?
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Remittance Transfer Rule Takes Effect Oct. 28

Know your responsibilities regarding tax and fee disclosures, disclaimers, and error resolution.
July 10, 2013
Amendments provide new protections to consumers who send remittance transfers outside the U.S.
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CFPB Amends Remittance Transfer Rule

Agency announces new consumer protections and delays compliance date.
January 13, 2013
About a year ago, the Consumer Financial Protection Bureau (CFPB) published amendments to Regulation E.
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Gearing Up for Remittance Transfers Reg

The rule requires remittance transfer providers to give disclosures to consumers.
December 17, 2012
The agency released a guide for small businesses—International Fund Transfers: Small Entity Compliance Guide.
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Remittance Transfers: What Has Changed Since February?

CFPB now exempts institutions that transmit 100 or fewer transfers per year.
September 20, 2012
Prepare now for the regulation, which goes into effect Feb. 7, 2013.
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CFPB Issues New Remittance Transfer Rule

Understand the basics before the February 2013 compliance date.
May 14, 2012
Understand the basics before the February 2013 compliance date.
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Think You’re Not Affected by CFPB’s Remittance Transfer Rule? Think Again

My appeal to you: Think not whether you have to comply, but how.
May 12, 2012
Your CU may be affected by CFPB’s new rule if it engages in international wire transfers or electronic bill pay.
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Wandering in Wonderland?

The answers we seek aren’t always obvious—nor are the questions we need to ask.
January 9, 2012
This week’s roundup examines the world economy, income inequality, the ongoing health-care debate, and other issues of the day.
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Compliance Matters

Clarifications, final rules, and proposals.
January 1, 2012
CFPB update, remittance transfers, HUD proposed discrimination standards, and private education loans.
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Understanding Hispanic Culture Key to Serving the Community

Remittance services offer a good first step.
August 25, 2010

Understanding the Hispanic culture is the key to successfully providing financial services to the fastest-growing minority group in the U.S.


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Great article! Unfortunately, most employees don’t feel valued or appreciated by their supervisors or employers. In fact, research has shown that the predominant reason team members quit their jobs is because they don’t feel valued. This is in spite of the fact that employee recognition programs have proliferated in the workplace – over 90% of all organizations in the U.S. has some form of employee recognition activities in place. But most employee recognition programs are viewed with skepticism and cynicism – because they aren’t viewed as being genuine in their communication of appreciation. Getting the “employee of the month” award, receiving a certificate of recognition, or a “Way to go, team!” email just don’t get the job done. How do you communicate authentic appreciation? We have found people have different ways that they want to be shown appreciation, and if you don’t communicate in the language of appreciation important to them, you essentially “miss the mark”. Additionally, employees need to receive recognition more than once a year at their performance review. Otherwise, they view the praise as “going through the motions”. A third component of authentic appreciation is that the communication has to be about them personally – not the department, not their group, but something they did. Finally, they have to believe that you mean what you say. How you treat them has to match the words you use. If you are not sure how your team members want to be shown appreciation, the Motivating By Appreciation Inventory (www.appreciationatwork.com/assess) will identify the language of appreciation and specific actions preferred by each employee. You then can create a group profile for your team, so everyone knows how to encourage one another. Remember, employees want to know that they are valued for what they contribute to the success of the organization. And communicating authentic appreciation in the ways they desire it can make the difference between keeping your quality team members or having a negative work environment that everyone wants to leave. Paul White, Ph.D., is the co-author of The 5 Languages of Appreciation in the Workplace with Dr. Gary Chapman.

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