There has never been more payment options for credit unions and their members. That is what makes the CSCU 2017 Annual Conference in Orlando so relevant to attendees and their members. Greg Borchardt, senior director at Visa, and Jeanette...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
DOJ Says DOL Fiduciary Rule Delay Coming Wednesday
A Department of Justice filing on April 3 indicates that the Department of Labor will officially institute a delay of its fiduciary rule Wednesday morning. DOJ told the U.S. Court of Appeals for the Fifth Circuit that the Office of Management and Budget...
Social Media a ‘Yes’ for Financial Executives: BankSocial
“Five years ago, social media was a ‘no’ from financial executives,” said Amy McLlwain, Global Industry Principal for the Financial Social Media division of Hootsuite, a social media scheduling platform. “Fortunately, that has changed to...
Responding to a Ransomware Attack: What You Need to Know
Between 2005 and 2016, ransomware infections were more common than data breaches, making them the most pervasive cyberthreat of the last 11 years. Ransomware attacks may encrypt folders and files or even the entire hard drive, or they may just lock the devices so that...
Royal CU Appoints Interim CEO
The $2 billion Royal Credit Union in Eau Claire, Wis., said Tuesday Randy Beck (pictured) will serve as interim president/CEO starting April 15. He will replace Royal President/CEO Rudy Pereira, who announced last month his resignation to take the president/CEO...
Businesses Lack Confidence in Cybersecurity Protection: Survey
A cybersecurity survey from Boston-based EiQ revealed a significant drop in business respondents’ confidence in the security technologies they have deployed to protect their organizations from data breaches and asset theft. The survey from EiQ Networks, which...