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WESTBURY, N.Y–Jovia Financial Credit Union has formed a new unit to provide cybersecurity and cybersecurity literacy solutions.

DUBLIN, Calif.–The online systems at Patelco Credit Union remain offline due to a ransomware attack, with the credit union now telling its 500,000 members it does not expect it will be able to restore service by this weekend.

NEW YORK—While shoppers continue to make online purchases via their laptops, retailers have been pushing to get even more purchases made using their phones—and they appear to be succeeding, according to one new report.

NEW YORK–After a brief reprieve, delinquencies on commercial mortgage-backed securities (CMBS) have risen again.

NEW YORK—Nearly 80% of U.S. banking consumers ages 18 to 42 cited mobile banking apps as a channel where they became aware of an FI’s offerings, according to a new report.

HOFFMAN ESTATES, Ill.–Following a major cyber incident that shut down or affected operations at approximately 15,000 car dealerships across the U.S., CDK Global is reporting that “substantially all” of the dealers that use its software are now back online.

STRATFORD, Conn. --Sikorsky Credit Union is proud to have been named the #1 Credit union in Connecticut for the fifth consecutive year as part of Forbes annual list of America’s Best-In-State Banks and Credit Unions. 

WINNEPEG, Manitoba–Members of three credit unions here have voted in favor of merging the institutions. The boards of Assiniboine Credit Union, Caisse Financial Group and Westoba Credit Union have also approved the deal.