THE boost

LEVALLOIS-PERRET, France—The rapid rise of card not present fraud is building a business case for a new type of plastic that its developer claims can reduce online card fraud by 85%.

WAIKOLOA, Hawaii–Paul Lucas’ message for credit unions gets right to the point: “Your sole purpose is to be the retail lender of your core membership. Never forget that.”

WAIKOLOA, Hawaii–Credit union board members here got a primer in what to look for in hiring a new CEO, including why it’s important to develop in-house talent but also interview outside the credit union, as well as where boards can make mistakes.