JERUSALEM––Israel led a 10-country simulation of a major cyberattack on the global financial system in an exercise aimed at increasing cooperation that could help to minimize any potential damage to financial markets and banks.
Fresh Today
NEW PROVIDENCE, N.J.—Banking malware threats are increasing as cybercriminals target the rising popularity of mobile banking apps on smartphones with plots aimed at stealing personal banking credentials and credit card information.
BIRMINGHAM, Ala.–Dollar Associates will host a new webinar today titled “NCUA’s New Field of Membership Service Rule: What Opportunities Does it Provide for My Credit Union?”
WESTBROOK, Maine–Saying it is seeking to make credit union outreach even more impactful, the Maine Credit Union League has launched a new curriculum program to teach younger Mainers about the importance of money management.
WASHINGTON–Both the House and the Senate are back in session this week, but any progress on specific legislation of interest to credit unions is not expected as negotiations continue related to a number of significant bills.
SIOUX FALLS, S.D.–A CUSO-sponsored competition among school teachers that took place in front of a crowd at a hockey game has received international media attention and has been called everything from “demeaning” to something similar to the Netflix hit series Squid Game.
WASHINGTON–There is a “growing rift” among members of the FDIC board, according to one new report.
MAYFIELD, Ky.—The lone credit union in this small town was untouched by the deadly tornadoes that swept through the Midwest Friday night.
WASHINGTON– America Saves, an initiative of Consumer Federation of America, has launched “Foundation $500,” which it is describing as a groundbreaking research initiative examining the effects of the cash infusions on saving, spending, and mental health with low-wage earning adults.
NEW YORK — A New York state judge has been convicted of obstructing a federal probe into Municipal Credit Union here, which is operating under NCUA conservatorship.