by GrafWebCUSO | Jun 20, 2017 | News
The former president of the Oregon Retailers of Cannabis Association pleaded guilty last week to stealing more than $700,000 from a dozen credit unions and a bank. From January 2014 to July 2016, Nicholas J. Saulsberry, 30, created websites that claimed to be...
by GrafWebCUSO | Jun 20, 2017 | News
Merchants could lose $71 billion to card-not-present fraud over the next five years, and North America, the Far East and China will soon account for 80% of that fraud, according to new data from Juniper Research. The U.S. shift to EMV cards and delays in...
by GrafWebCUSO | Jun 20, 2017 | News
How Visa looks to help consumers bypass the insecure login and password combination by advancing biometric intelligence was at the center of a presentation CU InfoSecurity 2017 conference in San Diego. With the arrival of mobile phones with fingerprint sensors and...
by GrafWebCUSO | Jun 20, 2017 | News
CFPB Director Richard Cordray says a House committee staff report that accused him of failing to cooperate with the panel’s Wells Fargo probe is inaccurate and misleading. In that report, the Republican staff of the House Financial Services Committee recommends...
by GrafWebCUSO | Jun 20, 2017 | News
While CUNA officials started the year predicting a 2.5% economic growth rate, they’re now hoping they were too optimistic. Bill Hampel, CUNA’s chief policy officer, said an economy that is too hot might cause the Fed to raise rates more aggressively,...
by GrafWebCUSO | Jun 20, 2017 | News
In a recent article published in CU Times, David Baumann writes of a conversation he had with a credit union lobbyist who works for one of the national credit union trade organizations. In response to a question as to why credit unions have not had any face time with...
