Cybercrooks Targeting FIs 300% More Than Any Other Biz Sector 07/08/2015 09:10 am AUSTIN, Texas—A new report indicates that cybercrooks are targeting the financial services sector with increasing sophistication—more so than other industries—and that many FIs rely too much on cybercrime insurance to defend the bottom line against growing attacks.
Navigant Named As Best Place to Work 06/29/2015 11:17 am SMITHFIELD, R.I. –– Navigant Credit Union earned top honors at Providence Business News’ 10th Annual Best Places to Work celebration, as it was named the best place to work in Rhode Island in the large company group.
President’s Advisory Council Issues Report On Financial Capability Of Young Americans 06/30/2015 08:38 pm WASHINGTON–The President’s Advisory Council on Financial Capability for Young Americans has issued its final report on how to promote the financial capability of young Americans.
CUNA: ‘Grave Concerns’ Over FASB Rule Change 06/30/2015 08:39 pm WASHINGTON–CUNA is expressing its “grave concerns” to NCUA over the Financial Accounting Standards Board’s (FASB) pending rule change on accounting for credit impairment.
NAFCU Urges Certain Changes In FASB Proposal For Stored-Value Cards 06/30/2015 08:40 pm ARLINGTON, Va.–NAFCU has sent a letter to the Financial Accounting Standards Board (FASB) in response to an exposure draft specifying how card issuers should recognize breakage for certain prepaid stored-value cards.
The 5 Dysfunctions of a Team 07/03/2015 08:04 pm In “The Five Dysfunctions of a Team,” author Patrick Lencioni examines all the issues that interfere with teamwork. Below is an excerpt from the book, featured here as part of CUToday.info’s The Corner series, which focuses on leadership and management.
It May Be Chip & Signature Out Of The Gate, But Get Ready For Chip & PIN 07/03/2015 08:29 pm MONTREAL, Quebec—Should a credit union convert its card base to EMV and choose to go with chip and signature out of the gate, it should be prepared for the membership, possibly within a year, to ask for chip and PIN.
Debit Card Control Apps Are Leading To Higher Spending 07/03/2015 08:28 pm MONTREAL, Quebec—Allowing consumers to control their debit card with their smartphone—setting spending limits, turning the card on and off and more—is leading to higher debit spending, reports one payment processor.
Georgia Heritage Provides Scholarships 07/02/2015 10:15 am AVANNAH, Ga.– Georgia Heritage FCU has named its 2015 College Scholarship winners.