CUs Could Cash in on Apple’s Big Move Into P2P

Apple announced Monday at its Worldwide Developers Conference that its new mobile operating system, iOS 11, will allow users to make person-to-person payments directly through the instant messaging feature on their iPhones, iPads and Apple Watches.  The move puts...

Loan Losses Cut Credit Union Profits

Credit unions’ net income inched up 2.6% in the first quarter as loan loss provisions rose sharply from a year earlier. The $2.3 billion earned in the first quarter represented 0.71% of total average assets, down from 0.75% in 2016’s first quarter, and the...

Cognitive Awareness for Better Decisions

Emotional intelligence, self-awareness and commitment to understanding others are traits of a good leader. These leaders make sound decisions based on the best available data. But what if the natural automatic workings of the mind interfere with these traits? The...

Breaches Setting Blistering Pace, 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 2016 should raise concerns. In the second of two-articles, security experts provide strategies to...