Mobile banking usage grew 34% in less than a decade according to research from Lombard, Ill.-based Raddon, a Fiserv Company. The study also recommends how to optimize the technology. The report, “Raddon Research Insights: Grappling with Mobile Banking Engagement...
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?
States Expand Student Lender Probes to Forgiveness Program
A prominent U.S. Department of Education loan contractor became the latest target of a broadening enforcement effort by state attorneys general Wednesday. Massachusetts sued the Pennsylvania Higher Education Assistance Agency, which does...
Existing Home Sales Fall to Lowest Level This Year
Existing home sales declined for the second month in a row in July to its lowest level this year as inventory remains relatively low and prices continue to increase, the National Association of Realtors reported Thursday. The decline in existing home sales, which...
Hurricane Harvey Bearing Down, Texas CUs Close Shop
At least six of the 13 credit unions based in Corpus Christi, Texas will be closed Friday and Saturday as the coastal city of more than 320,000 is expected to be in the center of Hurricane Harvey when it hits landfall Friday night. An additional eight credit unions in...
Security Protocol Deadline Nearing, & It’s a Big Deal, Experts Warn
A looming deadline regarding a relatively obscure piece of security technology could soon give credit unions major headaches and call attention to weak spots in their data protections, industry experts warn. At issue is an authentication protocol called...
CUNA Announces D.C. Move in 2018
CUNA said Wednesday it will move into a new office during the spring of 2018 at the 99M building currently under construction at Washington D.C.’s Riverfront neighborhood. The national trade organization plans to lease 22,000-square-feet on the third floor in a...