REDWOOD CITY, Calif.—A Russian cybercrime group has hacked into Oracle’s MICROS point-of-sale credit card payment systems, according to KrebsOnSecurity.
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ARLINGTON, Va.—NAFCU told the CFPB that it supports the Bureau’s privacy notice changes, but noted credit unions’ concerns over the removal of the alternative notice delivery method and the proposed 60-day notification requirement.
MADISON, Wis. – Applications are now being accepted for the annual Excellence in Lending Awards, which recognize outstanding credit union lending results and best practices.
LONDON–The United Kingdom’s Competition and Market Authority (CMA) has issued its final report on its investigation into the U.K’s retail banking market and found that in the three years since changes were made to allow for easier account switching there has been relatively little consumer movement.
WEST JORDAN, Utah–Mountain America Credit Union said it has become a “Member Benefit Provider” of the National PTA, meaning any PTA member can also join the credit unions.
SAN DIEGO–SchoolsFirst Federal Credit Union has won Xpress Data’s 4th Annual Credit Union Chili Challenge, beating out 18 other credit union teams.
SKIBBERDEEN, Ireland–A “Rio Party” hosted by Skibbereen Credit Union here to watch two local rowers in the Olympics had to be delayed due to weather in Rio de Janeiro.
VANCOUVER, B.C.–A former employee of VanCity Credit Union has filed a human rights complaint that alleges she was dismissed from her job because her boyfriend at the time had ties to criminal activity.
OGDEN, Utah—Weber State Credit Union has partnered with Weber State University Alumni Association (WSUAA) to create the Wildcat Card, a Visa Platinum credit card. With every purchase, a portion of the transaction revenue is donated to WSUAA’s student scholarship program and then awarded to students in need.
ARLINGTON, Va.–Rules affecting federally insured state-chartered credit unions (FISCUs) should be consolidated in one place – following the example of other federal regulators – and numerous other changes should be considered in NCUA’s rules, including shortening how federal share insurance is described, according to the National Association of State Credit Union Supervisors.