China: Military flights warn against interference in Taiwan

first_imgBEIJING (AP) — China says its military drills near Taiwan serve as a stern warning against foreign interference and independence moves in the self-governing island off its east coast. Taiwan Affairs Office spokesperson Zhu Fenglian made the remarks Wednesday in China’s first official comment on its flying of a dozen or more warplanes near Taiwan on two occasions last weekend. The U.S. responded to the first round of flights with a statement urging China “to cease its military, diplomatic, and economic pressure against Taiwan.” The Chinese government regards Taiwan as a renegade province that should be united with mainland China.last_img read more

Harness technology to automate your compliance efforts

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Technology affords credit unions many benefits. It allows lenders to increase transaction speeds and analyze their risk management programs in ways that make life more convenient for both members and staff. Over the last few years, financial institutions and their partners have adopted technology across all facets of the business. From helping to increase the speed of payment settlement, organizing collections efforts, or accessing their team’s daily tasks through cloud-based software, embracing technology has re-shaped how many CUs operate and serve their members.So why aren’t more credit unions using technology—and specifically automation—to better manage their compliance efforts? And, should this be a priority for a credit union’s compliance team?After loan growth, managing the regulatory burden is the biggest challenge credit unions face, according to a 2016 FINTalk Report. Here are a few ways that automation can help you better manage your compliance efforts and put you more at ease. continue reading »last_img read more