San Francisco-based Hewlett Packard Enterprise introduced two security solutions, one protects information in Internet of Things environments and the other is a search and investigation tool built on security operation platforms. HPE SecureData for Hadoop and IoT...
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?
CU Teaches Inmates How to Find Jobs, Manage Money
When Bridget Simone isn’t managing her Michigan Community Credit Union branch, she’s sometimes volunteering at a local prison to teach inmates vital skills they will need to support themselves when released. The minimum-security Cooper Street Correctional...
CU Victimized by Multi-Million Dollar Scheme, Woman Sentenced
Learning from her father how to operate a $145 million circular check-kiting scheme that victimized a credit union and two banks, landed a Michigan woman in federal prison for 18 months. U.S. District Court Chief Judge Robert J. Jonker in Kalamazoo, Mich., also...
CFPB Barred, for Now, From Naming Company Under Investigation
Another financial-sector company is fighting to keep its name secret as it challenges the power of the CFPB to bring an enforcement action. The company—identified only as “John Doe” in Washington federal trial court—offers pension...
Automated Platforms, New Products: Tech Update
Riskalyze announced a plethora of new products at the Technology Tools for Today conference in Garden Grove, California, on Wednesday. Riskalyze Premier is a new tier of service that aims to “supercharge engagement” and help financial advisors be...
Retirement Is ‘Life’s Most Expensive Purchase’
Retirement is the most expensive purchase most people will make, yet many Americans are underfunding their retirement, according to a new study from Merrill Lynch and Age Wave. The study, Finances in Retirement: New Challenges, New Solutions, is...