Emerging trends on the horizon for future payments technology are possibilities for credit unions, while there remains much work to be done to make these relevant to members. Here is a sneak preview of some evolving trends that might make it to the...
As Louisiana struggles to recover from massive flooding that hit Baton Rouge and the surrounding areas, the National Credit Union Foundation (NCUF) activated CUAid, the online disaster relief system, one week ago. Since then, it has collected more...
Eddie Bauer reported last week that its point-of-sale systems at the company’s retail stores were compromised in a malware attack that enabled “unauthorized parties” to gain access to payment card information. Transactions with the company’s online...
NCUA approved 46 credit union mergers in the second quarter, which is less than the 54 mergers approved by the federal agency in the first quarter of 2016. This data is quite an improvement in comparison to second quarters in years past. In the...
Mobile phones could be vulnerable to hackers aiming to eavesdrop or disrupt networks, according to Ars Technica. The attack could come with the introduction of a bug through a spectrum of telecommunication products, including radios in cell towers...
The National Credit Union Foundation (the Foundation) has activated the online disaster relief system, CUAid.coop, to raise money for credit union people in Louisiana affected by recent flooding. Credit union supporters in every state can make...
Credit union loan balances were up 10 percent to $834.3 billion in the second quarter of 2016, according to a Callahan & Associates’ analysis of 5,959 institutions, setting a record for credit unions. The increase in loan balances is primarily...
The Consumer Financial Protection Bureau’s (CFPB) rejection of a bipartisan call for regulatory relief is troubling, and the bureau has been strongly encouraged by CUNA and all 37 credit union leagues, including LSCU, to reconsider this move. A...
Terry West, president/CEO of VyStar CU, of Jacksonville, FL, was one of three CUNA members named by the Federal Reserve board of governors to the Community Depository Institutions Advisory Council earlier this week. West has been part of the credit...
LSCU announces its support of Purple Heart Homes, a national public charity based in Statesville, N.C. The organization is committed to ensuring quality of life solutions for disabled American Veterans from all eras. Credit unions participating in...