NCUA Bans 4 Former Credit Union Employees

The NCUA said Tuesday it banned three former credit union employees who were convicted of embezzlement, theft or fraud.  The federal agency also banned a fourth former credit union employee who was not convicted of a crime but consented to a prohibition order...

Job Misery Can Cripple Retirement

Miserable at work? It could cost you big time if you jump ship too early to retire and get away from it. So says a Motley Fool article on Madison.com. Citing a Conference Board report that more than half of Americans are “actively unhappy at...

Weak Cryptographic Policies Increase CU Cyberrisks

Many financial services organizations fail to enforce strong cryptographic protection policies in their DevOps environments, sometimes at the expense of security, data privacy and compliance in areas such as mobile banking. That is a finding by Salt Lake City,...

Becoming More Appealing to Our Fintech Friends

I last opined on the difficult marriage between credit unions and fintechs and concluded that it often leads to divorce because of very different motivators — hyper growth for-profit venture companies versus a conservative not-for-profit industry. Today I want...