Vons Credit Union announced that for the first time, mobile engagement surpassed internet banking interactions. The credit union utilizes the Austin, Texas-based digital banking provider Malauzai’s MalauzaiOne virtual banking solution. According to...
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?
Number of 2017 Breaches Tops 2016 Record High
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 Oct. 18, the breach total also represents 171,588,466 reported exposed records, according to the report from the San...
Credit Unions Roll Out New Names, New Brands
Credit unions in Minnesota and Virginia recently introduced their new name and new brands. Chartered in 1933 in Duluth, Minn., the Duluth Teachers Credit Union changed its name to the Harbor Pointe Credit Union. Harbor Pointe CU was selected as the new name because it...
What the State of the Affordable Care Act Means for CUs: Onsite at MAXX
Donna Losch of The NWFA Trust discusses uncertainty around the future of the Affordable Care Act. Spokane, Wash. – With political turmoil continuing to swirl in Washington, one big question credit union HR and benefits professionals have is: What is the status...
NWCUA Sets Goal of 75% Market Share by 2025: Onsite at MAXX
NWCUA CEO Troy Stang chats with CU Times Managing Editor Natasha Chilingerian at the MAXX Convention. Spokane, Wash. – In his President’s Address Wednesday morning at the Northwest Credit Union Association’s MAXX Convention, Troy Stang gave leaders...
Mobile Lending Creates New Fraud Risks
As lenders race to make mobile applications easy to use for the next generation of borrowers, they are increasing their risks of fraud losses in new ways, and facing costs that are difficult to predict. Trying to put a number on the cost of fraud and get a better...