WASHINGTON—The U.S. Securities and Exchange Commission (SEC) has launched what one report is calling a “salvo across the bows of public companies” with its civil monetary penalties and a cease-and-desist order against First American Financial Corporation (FAFC) for deficient disclosure controls and procedures related to cybersecurity risks.
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HOUSTON–eCU Technology has announced a series of free webinars on how its ORIGINS suite can “drive digital growth and slash online abandonment rates for membership, loan and business applications.”
DENVER–Denver Community Credit Union said it has launched a new solution for members that offers free access by members who use digital banking to their credit score and credit report daily.
WASHINGTON—Complaints against some digital payment services and apps like Venmo, Cash App or Zelle are skyrocketing, according to a new report.
WASHINGTON–The Federal Deposit Insurance Corporation (FDIC) will host a virtual conference today (June 29) to explore how financial technology and innovation can create a more diverse, equitable and inclusive banking system.
NEW YORK–Who falls for financial scams most often: Young adults or seniors? The answer will surprise many, as it turns out young adults do a poor job of seeing through fraud that involves bad checks, fake job offers and more.
LONDON– While predictions of a looming cashless society continue to be made, one new analysis suggests the demise of cash is still a “long way from reality—but it is getting closer.
MADISON, Wis.—The World Council of Credit Unions (WOCCU) has named a new president/CEO to succeed the retiring Brian Branch.
ALEXANDRIA, Va.–NCUA has announced it will be distributing $865.5 million to the 1,800 membership capital account holders of the former Members United, Southwest Corporate, and U.S. Central corporate credit unions.
ALEXANDRIA, Va.–Newly released data show that while overall membership in federally insured credit unions continued to grow during the year ending in the first quarter of 2021, 55% of federally insured credit unions had fewer members at the end of Q1 than a year earlier.