Internal Staff A Growing Threat? 07/21/2019 04:51 pm PORTLAND, Ore.—The risk of data breaches from internal staff is growing, reports one cybersecurity firm, which says the average cost for an internal breach is $8.7 million.
Mastercard Launches Virtual Card Receivables Service 07/21/2019 04:53 pm PURCHASE, N.Y.—Mastercard has launched a Virtual Card Receivables Service, a way to digitize the reconciliation of virtual card payments for businesses of all sizes, the company said.
Other Countries Ahead of U.S. on Digital Wallets 07/21/2019 04:53 pm HANGZHOU, China—With some experts continuing to predict digital wallet usage won’t take off in the U.S. until all of the “pays” begin working together, other countries appear to be ahead of that curve.
AmEx Looks to Put New Shine on Gold Card 07/21/2019 04:53 pm NEW YORK—The American Express Gold Card is getting a few improvements.
Forecast Sees Surge in Use of Digital Wallets by 2024 07/21/2019 04:53 pm LONDON—The number of people using digital wallets will increase to nearly four-billion from the current 2.3 billion by 2024– 50% of the world’s population–a new study is forecasting.
In Digital Currency World, An Old-Fashioned, One-Ton Coin Turns Heads 07/21/2019 04:53 pm NEW YORK–Much of the focus is on cryptocurrencies, but a coin of the old-fashioned type is on display here, and it won’t be deposited in a credit union any time soon.
CUs Join Race to Push Their Cards 07/15/2019 08:02 pm SEATTLE–Today is the second day of the now two-day-long Amazon Prime Day sale and a number of credit unions and other financial institutions across the U.S. are seeking to entice their cardholders to use their plastic for any purchases.
5 Important Things to Remember About ATM Signage 07/21/2019 04:54 pm ARLINGTON, Va.—Credit unions are being reminded there are a number of laws and regulations that dictate notices and signage credit unions must display on ATMs, largely based on the machine's capabilities.
STCU Expands Senior Leadership Team 07/15/2019 08:04 pm LIBERTY LAKE, Wash.--STCU has expanded its senior leadership team from seven positions to 11, with the promotion of four longtime employees to newly created vice president positions.
Data Breach at Desjardins Group Hits Its Former President 07/21/2019 04:55 pm MONTREAL, Quebec–Among the victims of the huge data breach among credit unions that are part of Desjardins Group–a breach suspected to be an inside job–is the former president of the organization.
