A set of eight tests at auto dealers in Virginia found that just over half the time white buyers were offered better financing than non-whites even though the white buyers had worse credit scores, a consumer group reported Thursday. The National Fair Housing Alliance...
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?
DHS Directive Increases Federal Email Authentication Policy Adoption
San Mateo, Calif.-based cybersecurity firm Agari’s research revealed federal domain adoption of DMARC, an email authentication, policy, and reporting protocol, increased 13 points in 30 days, ahead of the DHS deadline. The study, “U.S. Federal Government...
In-Home Voice Tech Beginning to Silence Mobile Use
Mobile use is beginning to suffer at the virtual hands of in-home digital voice assistants, a new study reports. According to professional services company Accenture, which surveyed 21,000 consumers in 19 countries between last October and November, 66% of people who...
Pro-Credit Union Rep. Royce Announces Retirement From House
Rep. Ed Royce (R-Calif.), who, as a member of the Financial Services Committee has sponsored major credit union-related legislation, has announced he will not seek reelection this year. Royce, chairman of the House Foreign Affairs Committee, is “term...
Vexed Judge Orders Arrest Warrant for Former CU CEO
A vexed federal judge issued an arrest warrant for a former credit union CEO who failed to show up at his sentence hearing Monday for bank fraud and attempted brank fraud. Sean Jelen, 35, the former president/CEO of the merged $227 million Valor Federal Credit Union...
Biometric EMV Card for Contactless Payments Hits Market
Digital security firm Gemalto has launched EMV card technology that uses fingerprints instead of PINs to authenticate users at the point of sale, according to a company announcement. To use the technology, customers insert their cards into the payment terminal and...

