A bitcoin IRA? What is the world coming to? The cryptocurrency has become so popular—despite fears of instability, possible illegality and potential loss—that its market value is now courting $10,000, even as industry heavyweights...
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?
Unsubscribe Day: The Best Holiday
“Did you know email can be delivered faster than regular mail?” Yep, that was a sentence from a presentation about email marketing recently. Unbelievable. It’s 2017 people! A lot of us have a “Love/Hate” relationship with email. We hate...
CU Solutions Group Puts $500k Into Digital Financial Services Start-Up
A young CUSO building a cloud-based financial platform for credit unions has received a $500,000 investment from CU Solutions Group, according to a press release. The company, Constellation Digital Partners, LLC, is building a financial services marketplace and...
70% of Consumers Would Stop Following a Business After Data Breach
Sixty-nine percent of consumers feel businesses don’t take customer data security very seriously and 70% of them said they would stop doing business with a company following a data breach. Amsterdam-based digital-security firm Gemalto also revealed in report...
Judge Rules Mick Mulvaney May Run CFPB
Mick Mulvaney may serve as the acting director of the CFPB, a federal judge ruled Tuesday evening. Mulvaney, the director of the Office of Management and Budget, was President Trump’s choice to run the agency following the resignation of Director Richard...
Red River FCU Sued for Trademark Infringment
Louisiana-based Red River Bank is suing Texas-based Red River Employees Federal Credit Union for trademark infringement and unfair competition, according to a complaint filed in Louisiana District Court. The dispute revolves around the credit union’s...