The Illinois Credit Union League is the newest plaintiff in CUNA’s class-action suit against Equifax over the credit bureau’s recent data breach. The league said it wants to fulfill its mission to protect member credit unions from losses caused by merchant...
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?
Treasury Denounces CFPB Report, as Deadline Looms
As the deadline approaches for Congress to try to nullify the CFPB’s arbitration rule, the Trump Administration’s fight against the regulation intensified Monday, as the Treasury Department issued a new report blasting the agency’s decision to issue...
Dozens of Employees, Members Lose Homes in California Wildfires
Several California credit unions reported dozens of employees and members lost their homes during the California wildfires, and there could be more losses as neighborhoods were just re-opened Friday morning in Santa Rosa to anxious residents who evacuated their homes...
Harvey Weinstein Scandal: Lessons for HR Departments
What are some of the main lessons that all employers can take away from the fallout of sexual harassment claims against Hollywood producer Harvey Weinstein? First, it’s not enough to have company policies against harassment of any kind –...
Getting to the Core of a Collaborative Effort
It is one thing to boast about communicating with users, it is quite another to actually build a core processing system using customer collaboration, such as Layton, Utah-based CUProdigy does. The foundation of CUProdigy’s capabilities centers around its cloud...
Scary Number of 2017 Breaches Tops 2016 Record High
Talk about scary Halloween tales. The number captured in the 2017 ITRC Breach Report now totals 1,103, an increase of 22.4% over last year's record pace for the same period (901). As of October 18, the breach total also represents 171,588,466 reported exposed records,...