NEW YORK–Despite the volume of cyberattacks doubling in 2017, financial services firms are closing the gap on cyberattacks, having stopped four in five of all breach attempts last year, up from two-thirds in 2016, according to a new research study from Accenture.
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WOODSIDE, N.Y. –Another credit union that primarily made taxi medallion loans has been liquidated by NCUA as its net worth remained deep in negative territory.
ARLINGTON, Va.—The U.S. economy grew 4.2% in the second quarter, according to the Commerce Department's final estimate – unchanged from the previous estimate.
WASHINGTON—Both credit union trade groups told Congress in response to a hearing here that if fintechs want to play in the financial services space, they should play by the same rules and regulations as other providers.
MENLO PARK, Calif. — Facebook is reporting a data breach that exposed the personal information of nearly 50 million users, but it has also released few additional details on just what the breach entails.
WASHINGTON—Treasury Secretary Steven Mnuchin said he does not want taxpayers paying for any future bailout of Fannie Mae and Freddie Mac.
SOUTH BEND, Ind.–Teachers Credit Union said it has entered into a business services partnership with Hamilton Southeastern Schools through which it has secured naming rights to two football fields and also provide cash management services to the school corporation to enhance operations and financial management.
JACKSONVILLE, Fla.–The CEO of Jax FCU here has announced plans to retire in early 2019, with the credit union saying it is now searching for a successor.
ALEXANDRIA, Va.–NCUA has issued one prohibition order and four prohibition notices.
BOSTON–Saylent, a leading provider of data analytics and targeted marketing automation software for financial institutions, has announced a new partnership with CUProdigy, a cloud-based technology CUSO.