by GrafWebCUSO | May 12, 2017 | News
Credit union trade organizations are pressing the Consumer Financial Protection Bureau to limit the scope of data they provide on business loan applications used by regulators to determine whether lenders are discriminating against women and minorities. CUNA and NAFCU...
by GrafWebCUSO | May 12, 2017 | News
Todd Clark, CEO at CO-OP Financial Services, tied a bow around CO-OP’s four day THINK 17 conference in New York City by challenging credit union stakeholders to adopt a digital mindset. THINK 17 he explained is the first step in the digital transformation...
by GrafWebCUSO | May 12, 2017 | News
The $361 million Hudson Heritage Federal Credit Union is suing CUMIS Insurance for declining to pay a claim after the Middletown, N.Y.-based credit union was victimized by an auto loan fraud ring. In April, May and June of last year, three men joined the credit union...
by GrafWebCUSO | May 11, 2017 | News
Labor Secretary R. Alexander Acosta (Photo: Diego Radzinschi) Labor Secretary R. Alexander Acosta has made halting the fiduciary rule’s June 9 compliance date as a top priority, with published reports saying he’s looking for a way to freeze the rule that...
by GrafWebCUSO | May 11, 2017 | News
Today’s cyber risks come in all shapes and sizes, from disclosure of protected information due to hacking or employee negligence through network shutdown or impairment, regulatory violations, and everything in between. Painfully aware that 100%...
by GrafWebCUSO | May 11, 2017 | News
As the CFPB contemplates regulations governing small business lending, credit unions are asking the agency to ensure that any rules do not conflict with NCUA requirements and do not require data collection that could be misleading. The CFPB held a field hearing on...
