Does This Headline Test Your Attention Span? No, Suggests New Analysis 05/22/2016 05:37 pm WASHINGTON—Credit unions that have been urged by numerous social media strategists to provide their members with information in small amounts may want to rethink the approach.
TMG White Paper Has Spoiler Alert In The Title 05/22/2016 05:38 pm DES MOINES, Iowa–Spoiler alert: TMG has released a new white paper, “Yes, Credit Card Rewards Really Are Worth It.”
Need A Stolen User Name of Password? How About 250 Million Of Them? 05/10/2016 08:41 pm NEW YORK—Usernames and passwords for more than 250 million stolen Yahoo Mail, Gmail, Hotmail, and other accounts are being swapped around in Russia’s criminal underworld, according to Reuters.
CUProdigy Expands Relationship With CU Service Network 05/22/2016 05:39 pm LAYTON, Utah–CUProdigy, a technology CUSO with member credit unions nationwide, said it is expanding its relationship with Colorado-based CU Service Network to include the CUProdigy’s cloud services offering.
Cybersecurity Study’s Conclusion: People Just Never Learn 05/10/2016 08:42 pm NEW YORK—A new study shows that cybercriminals continue to exploit human nature, as people fail to properly secure their electronic devices and fall prey to familiar attack patterns such as phishing.
CU’s Auto Loan Refi Program Finds Some Paying APRs As High As 24% 05/22/2016 05:39 pm DETROIT—One Detroit Credit Union said it will expand an “Auto Bailout Program” that refinances existing high-interest auto loans that to date has saved more than $2 million for its members after discovering some were paying as much as 24% for auto loans.
Cash and Credit Cards Remain Primary Payment Form—For Now 05/22/2016 05:41 pm PLEASANTON, Calif.—Despite a number of new payment options on the market, Americans still choose cash and credit cards above other alternatives, according to a new study from Blackhawk Network.
Former Commercial Loan Officer Pleads Guilty In Theft Of $12 Million 05/22/2016 05:41 pm EDWARDSVILLE, Ill.–The former business relationship manager at Scott Credit Union has pleaded guilty to a nine-count indictment related to the theft of $12 million.
Auto Loan Balances Accelerate More Than 10% In Q1 05/22/2016 05:43 pm SCHAUMBURG, Ill.—The total balance of open automotive loans climbed 11.1% in the first quarter of 2016, surpassing the trillion-dollar mark for the first time on record, according to a new report that also shows CUs continue to grab a greater share of the overall market.
NAFCU Letter To DoL Raises Concerns Over Overtime Rule 05/11/2016 07:40 am ARLINGTON, Va.—NAFCU is raising concerns about potential unintended consequences from the Labor Department’s overtime proposal in a letter to the leaders of the Senate Small Business Committee.
