2016 Data Breach Trends 87 percent of breaches were at businesses with five or fewer locations Gift card fraud continues to be on the rise – 31 percent of the consumers purchase gift cards from gift card malls or kiosks (typically found in...

While credit unions continue gaining members, a big positive today, there’s a less sunny side to the news. The Credit Union Satisfaction Index from CFI Group shows member satisfaction is at a four-year low. The score slipped three points on a 100...

League sources report that the Consumer Financial Protection Bureau has finalized its agenda for 2017. Among items of note, the Bureau issued a Notice of Proposed Rulemaking (NPRM) in May 2016 concerning the use of arbitration clauses in consumer...

The National Credit Union Administration Board held its 11th open meeting of 2016 at the agency’s headquarters recently and unanimously approved items, including a final rule providing regulatory relief to federal credit unions by eliminating the...

In May 2015, the CFPB issued a report, “Data Point: Credit Invisibles,” that documented the results of a research project it conducted to better understand the demographic characteristics of consumers without traditional credit reports or credit...