Credit union and major banking trade groups are calling on the House Energy and Commerce Committee to help develop a national standard for data breaches that requires consumers to be notified immediately when a breach occurs. “Data breaches impose significant...

The market for wearables is expected to post an 18.4% compound annual growth rate from 2017 to 2021, according to new data from market intelligence company International Data Corporation. Basic wristbands such as Fitbits have been leaders in this area for some time,...

Financial institutions and digital transaction brands continue as favorite targets of phishing campaigns according to a third-quarter phishing trend report from San Francisco-based digital threat management solutions provide RiskIQ. In a follow-up to its Q3 mobile...

As a federal court prepares to determine whether his appointment is legal, Acting CFPB Director Mick Mulvaney Thursday announced that the agency will not assess penalties for Mortgage Disclosure Act data collected in 2018 and reported in 2019 and will change its rule...

After ratification by members, Jackson Community Federal Credit Union will merge with BlueOx Credit Union on Jan. 1, 2018. In a statement released to CU Times, BlueOx Credit Union president/CEO Fran Godfrey said, “Smaller credit unions are increasingly...

Costs for employer sponsored-medical plans in 2018 are likely to rise 8.4% – nearly triple the projected rate of inflation, as global risk factors such as high blood pressure, physical inactivity and obesity increase, according...