WASHINGTON–Credit unions were offered three strategies for building better infrastructure and protecting against cyber-crimes.
Fresh Today
WASHINGTON–A couple of trends can be seen in the Suspicious Activity Reports (SARs) filed by credit unions.
WASHINGTON—CUNA has sent a letter to NCUA sharing concerns the trade association has with the Department of Defense’s Military Lending Act.
BROOKFIELD, Wis.–Fiserv has announced new advancements for Payment Fraud Manager.
HAMPSTEAD, N.C.—ClixSense, a website that offers users cash in return for completing surveys and watching ads, was breached last week, with the result being that data from millions of its users has now been put up for sale.
WASHINGTON–A new group has been formed made up of CU regulators from around the world. Credit union regulators from 30 jurisdictions have come together to form the International Credit Union Regulators’ Network (ICURN).
SAN ANTONIO–SWBC, which provides a wide range of insurance, mortgage and investment services to individuals, business and financial institutions, announced that its financial institution group is partnering with CU Direct on a new, simplified way for members to transfer money between accounts.
CHICAGO–New research from TransUnion reports to have found that up to 92 million credit-active consumers would experience some type of monthly debt service payment increase if the Federal Reserve Board raises interest rates by 25 basis points (0.25%).
CLOVIS, N.M.–The $39-million High Plains Federal Credit Union here has agreed to merge into the $20-billion Pentagon FCU. The merger came at the prompting of PenFed, the credit unions said in a statement.
ALBANY, N.Y.—New York has become the first state to propose a cyber security regulation to protect consumers and financial institutions.