by GrafWebCUSO | May 18, 2017 | News
“Rules are meant to be broken.” I cannot find the origin of that statement. But, whomever it was, they were right. In today’s world, I could probably just emphatically say that I came up with the phrase. But I won’t. During the daily routine of...
by GrafWebCUSO | May 17, 2017 | News
The now infamous Wannacry ransomware attack has affected thousands of computers and numerous organizations around the world, but U.S. credit union ATMs are relatively low on the threat list, pros say. The ransomware, also known as WCry or Wanna Decryptor, has...
by GrafWebCUSO | May 17, 2017 | News
A new proof-of-concept demonstration showcased last week by research organization CULedger suggests blockchain-like technology could soon wield significant power in verifying identities and clamping down on fraud at credit union call centers. The prototype hinges on...
by GrafWebCUSO | May 17, 2017 | News
A former assistant branch manager claims in a lawsuit that she was fired from the $829 million Park Community Credit Union in Louisville, Ky., because she is gay. In a lawsuit filed in Jefferson Circuit Court on May 12, Penelope Hudson alleges she was...
by GrafWebCUSO | May 17, 2017 | News
Once again, the American Bankers Association asserts that regulatory relief for credit unions represents a threat to the $16.2 trillion banking industry, coining a new catchphrase – “unsanctioned growth” – to characterize the alleged hazards of...
by GrafWebCUSO | May 17, 2017 | News
In yet another sharp policy clash with House Financial Services Chairman Jeb Hensarling (R-Texas), panel ranking Democrat Maxine Waters (D-Calif.) told federal agencies today that she considers her communications with them subject to federal open records statutes....
