TOKYO—Japan will begin testing this summer on a system that would allow tourists to conduct credit card and ATM transactions using only their fingerprint.
Fresh Today
ARLINGTON, Va.--In advance of the House Small Business Committee hearing today on cybersecurity, NAFCU sent a letter to the Committee sharing its concerns over retailer data security standards.
ARMONK, N.Y.—A new hybrid Trojan has managed to steal $4 million from financial institutions—with CUs being a primary target—since it was first discovered just over two weeks ago, according to IBM X-Force Research.
NEW YORK–Phishing/hacking/malware was the cause of 31% of data security incidents during 2015, revealing a shift from 2014 when human error was the leading cause, according to the second annual BakerHostetler Data Security Incident Response Report.
WASHINGTON—CUNA is backing a U.S. Senate bill that would limit federal banking regulators’ ability to restrict depository institutions from entering into or maintaining a relationship with specific customers unless certain criteria are met.
EASLEY, S.C.–Crimes related to the now-defunct Taupa Lithuanian Credit Union continue to be felt three years later and several states away from its Cleveland headquarters.
ARLINGTON, Va.—NAFCU has named eight winners in its 2016 Annual Awards Competition, which honors association member credit unions and individuals for excellence and achievement in the industry.
DENVER—Colorado Governor John Hickenlooper has signed SB 125 into law, which gives state-chartered credit unions in Colorado the authority to compensate board members.
AUSTIN, Texas–Khorus Software will host a webinar titled “Why Big Data Isn’t What CEOs Need” on May 24 from 1-2 p.m. ET.
MADISON, Wis. — World Council of Credit Unions said it has signed two “high-caliber” speakers for its 2016 World Credit Union Conference in Belfast, Northern Ireland, which is set for July 17-20.