One in five emails were from unauthorized senders — meaning those emails were almost certainly fraudulent, according to research from San Francisco-based Email Authentication as a Service provider ValiMail. The research also indicated large financial services...
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?
5 Things to Know About the NAIC’s New Cybersecurity Model Law
In a year punctuated by high-profile, costly information-security breaches, at least one headline served as a reminder that people — not machines, software, programming or algorithms — are often the weakest link when it comes to...
Confident Investors, Millennials Welcome Financial Wellness Programs
Many millennials are perfectly happy making their own investment decisions, but that doesn’t mean they’re discounting professional financial help. That’s according to Schwab Retirement Plan Services, which finds in a survey that 64% of...
Cleveland Fed Removes Report on Marketplace Lending to Clarify
A report by the Federal Reserve Bank of Cleveland that slammed the peer-to-peer lending industry has been taken offline for clarification after researchers received inquiries about their methodology. The authors of the Nov. 9 report “have received several...
FIs Hit by $30 Million Mortgage Fraud Scheme
A New Jersey attorney and a real estate agent were charged with allegedly running a massive mortgage fraud scheme that caused more than $30 million in losses for at least five financial institutions, according to a criminal complaint filed last week in U.S. District...
Top Fintech Innovators Named
China tops the list of fintech innovators, nabbing the top three spots and five of the top 10 on the 2017 Fintech 100 list. According to KPMG International, the list, which was compiled by Fintech Innovators, a collaboration...