Mobile Banking Benchmarking for Credit Unions

The average credit union released its initial retail mobile banking app 3.51 years ago and 95.4% above $100 million in assets offer a mobile app according to a new benchmarking solution. Atlanta-based FI Navigator Corporation and Boston-based Sievewright &...

Former Michigan CU CEO Charged with Embezzlement

Michigan authorities said Stanley Hayes, former CEO of the liquidated Valley State Credit Union, allegedly embezzled more than $710,000 from the Saginaw cooperative. Michigan Attorney General Bill Schuette filed 13 felony charges against the 45-year-old Hayes on...

Breaches Double at FIs

News of the second Kmart credit card breach in three years at the retailer and the number of breaches at financial institutions doubling this year over the same period in 2016 should raise concerns. Security experts provided strategies to credit unions and businesses...