Just as Equifax comes to a settlement with the FTC over its major data breach scandal, Capital One Financial Corp. announced on July 29 that more than 100 million people had their personal information hacked. The compromised information included...
This week in Washington, the House is in recess until Sept. 9. The Senate is expected to consider nominations for the posts of the Deputy Secretary of Defense and the Ambassador to the U.N. Last week, the U.S. House of Representatives passed H.R...
When Equifax was breached by hackers, the personal information of 147 million consumers was potentially compromised. Now that the Federal Trade Commission reached an agreement with Equifax to pay up to $700 million in compensation, consumers are...
In this week’s InfoSight newsletter, we take a closer look at the joint statement on BSA/AML supervision. As a result of a working group established by the U.S. Department of the Treasury’s Office of Terrorism and Financial Intelligence, the...
Congresswoman Martha Roby announced Friday that she will not seek a sixth term in Congress. Roby was first elected to Congress in 2010 after defeating Congressman and former longtime Montgomery Mayor Bobby Bright in one of the closest elections of...
Consumers are well aware they have a wide choice of options in the financial institutions they choose for personal and professional use. That’s the sort of competition that encourages businesses to up their games in customer service and offerings...
Registration is now open for the LSCU Bank Secrecy Act Workshop in Mobile, AL on Oct. 9. This Workshop provides an overview of credit union specific BSA regulations and will assist credit unions in remaining compliant with BSA training requirements...
ēCO CU Foundation to host Magic City Money Matters Financial Conference In response to the need for millennial financial education, the eCO Credit Union Foundation will host the first Magic City Money Matters Financial Conference on Aug. 8. The...
Amid allegations of misconduct and review of an Inspector General’s report, the Florida Cabinet voted to terminate Ronald Rubin’s employment as commissioner of the Office of Financial Regulation on Thursday. Rubin, who had been suspended after...
Applications are now being accepted for the CUNA Excellence in Lending Council Awards, which recognize outstanding credit union lending results and best practices. Credit unions demonstrating innovation in lending to meet member needs are encouraged...