WASHINGTON—A number of regulatory relief bills that would help credit unions have been approved by the House Financial Services Committee this week, including the Mortgage Choice Act of 2017 (HR 1153).
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LAS VEGAS—Most cybercrime employs social engineering, Jerry Beasley of TraceSecurity told attendees of the CUNA/National Association of State Credit Union Supervisors Bank Secrecy Act (BSA) Conference here.
LONDON—A new report indicates that hackers are exploiting weak remote desktop protocol credentials.
RICHMOND, Va.–New Generations FCU has generated a new name.
LONDON—While overall lending costs have plunged to record lows in the years following the financial crisis, the average credit card interest rate has steadily risen in the U.K., according to a new report.
PEACHTREE CORNERS, Ga.–Alogent announced that Jwaala LLC has been added to its digital banking technology portfolio.
NEW YORK—A new report, which indicates that banks are still struggling to regain trust lost from the recent financial crisis, found that PayPal is the most trusted financial services brand, and that major credit card brands are now scoring higher trustworthy marks than banks.
METAIRIE, La.–The $563-million Jefferson Financial FCU is reporting it has completed the first funding installment of its NCUA-approved $12 million secondary capital plan.
WASHINGTON–The Independent Community Bankers Association of America (ICBA) has created a letter-to-the-editor template it is sending to its member banks around the country that they, in turn, can send to local media.
NASHVILLE, Tenn. – Six credit unions have been recognized for their exemplary lending practices and results with Excellence in Lending Awards from the CUNA Lending Council and CUNA Mutual Group.