Fresh Today

Fresh Today

PUNE, India—Following an FBI warning to financial institutions about an upcoming ATM cash-out scheme, India-based Cosmos Bank disclosed that on Aug. 11 hackers stole nearly $2 million in fraudulent bank transfers and $11.5 million in authorized ATM withdrawals, according to Krebs on Security.

LOUISVILLE, Ky.—Park Community Credit Union here said it has agreed to become the “Official Credit Union” of Bellarmine University as well as the “Official Partner” men's basketball and Bellarmine athletics.

WASHINGTON—Touting the financial literacy and community outreach efforts of credit unions, NAFCU Vice President of Legislative Affairs Brad Thaler has written to senators to highlight the credit union industry’s “deep commitment” to their members' financial well-being.

GRAND RAPIDS, Mich.–CU*Answers is reporting 16 people have graduated from its 2018 What Makes Data Valuable Boot Camp. Over the past year, participants spent a total of eight days with CU*Answers executives and the Asterisk Intelligence team discussing data strategies within credit unions and guiding future data investments for the CUSO.