BUCHAREST, Romania—Authorities in this country have detained 25 people suspected to be part of an international cybercrime ring that may be responsible for up to $45 million in card and ATM fraud.
Fresh Today
ONTARIO, Calif.—Saying CU grassroots advocacy efforts have impacted legislation, Rep. Ed Royce (R-CA) is asking CU leaders to again muster support for raising the MBL cap.
SAN FRANCISCO—A new study projects that mobile payments at the point of sale will reach $54 billion by 2019, and shows that as of now, usage at point of sale using iOS (Apple) devices is double that of Android.
WASHINGTON—NAFCU and CUNA, along with several other trade groups, have sent a joint letter to Reps. Steve Pearce (R-N.M.) and Brad Sherman (D-CA), thanking them for introducing H.R. 2213.
ALEXANDRIA, Va.—NCUA is hosting a Twitter chat May 13 that will provide CUs with insights into detecting and addressing financial abuse of the elderly.
WASHINGTON—The National Institute of Standards and Technology (NIST) has developed a guide that organizations can use to help them vet applications that run on mobile devices.
CINCINNATI—Lease approval volatility, swings in the percentage of leases approved each month, is picking up in 2015, and one expert attributes that to leasing’s growing appeal that is attracting more subprime borrowers to the space.
WASHINGTON—The National CU Foundation’s Development Education program is calling for nominations for its awards programs in three different areas.
BOSTON—According to a new survey, consumers in the United States and the U.K. prefer mobile and online banking over branch and telephone banking.
ALBANY, N.Y.—The New York Credit Union Association has joined the class action lawsuit filed against Home Depot in the wake of the national retailer’s widespread data breach.