CO-OP FS Leveraging AI To Enhance Fraud Tools, Prevent 'False Positives' 01/11/2017 08:10 pm RANCHO-CUCAMONGA, Calif.—CO-OP Financial Services will be leveraging artificial intelligence (AI) in the new year to improve performance of the fraud solutions it provides credit unions.
Efficiency Has Led This Group Back 01/18/2017 07:36 pm LAKE FOREST, Ill.—When it comes to getting a loan, consumers and small businesses are still feeling the impact of the Great Recession, according to a new study that shows bank, thrift and CU loan-to-asset ratios have not come back since the economy faltered.
Time To Devise Strategies To Address Upstarts 01/11/2017 08:12 pm WASHINGTON—Fintechs are typically seen as peripheral competitors by credit unions, but that may change following a decision by the OCC to grant some of the upstarts national bank charters.
Bankers’ ‘Plan For Prosperity’ Outlines What It Wants From Congress 01/11/2017 08:15 pm WASHINGTON—The Independent Community Bankers of America (ICBA) has introduced what it is calling its 2017 Plan for Prosperity, which stresses a regulatory relief platform for the 115th Congress.
Police Used Battering Ram To End CU Hostage Situation 01/11/2017 09:49 pm TUSCALOOSA, Ala.—New cell phone video shows how police stormed the doors of an Alabama CU branch Tuesday, breaking through with a battering ram and guns drawn, to end a hostage situation.
Former HTFCU President Buddy Asato Passes Away 01/18/2017 07:40 pm HONOLULU, Hawaii–Retired Hawaiian Tel FCU President Buddy Asato has passed away peacefully.
Hopewell FCU Donates Funds to Library 01/18/2017 07:48 pm HEATH / NEWARK, Ohio–—James Johnson, President and CEO of Hopewell Federal Credit Union (HFCU), presented Babette Wofter, Licking County Library Director, with a check for $300.
Genisys Assists Those In Need During the Holidays 01/12/2017 01:23 am AUBURN HILLS, Mich.–Genisys Credit Union participated in three different programs to help those in need during the recent holiday season
NCUA To Host Webinar On New HMDA Reporting 01/18/2017 07:48 pm ALEXANDRIA, Va.—NCUA is hosting a webinar Feb. 28 to help credit unions learn more about the new reporting requirements under the Home Mortgage Disclosure Act and recent rule changes for prepaid accounts.
Two CUs Renew Core Processing Contracts with CU*Northwest 01/12/2017 01:25 am LIBERTY LAKE, Wash.–CU*NorthWest announced that Spokane Media Federal Credit Union and Spokane Firefighters Credit Union have extended their core processing contracts with the CUSO.