by GrafWebCUSO | Apr 28, 2017 | News
Recent revelations show cybersecurity issues continue to plague financial institutions, businesses and consumers with the biggest potential breach possibly affecting some 550,000 to one million California auto loan company customers. Kromtech Security Researchers...
by GrafWebCUSO | Apr 28, 2017 | News
In a preview of Senate Democratic opposition to the House Republican Financial CHOICE Act. Sen. Elizabeth Warren (D-Mass.) on Friday called the bill an “insult to working families.” “This bill doesn’t solve a single problem,” Warren...
by GrafWebCUSO | Apr 28, 2017 | News
A 62-year-old Missouri woman, who worked for nearly three decades at the $30.1 million Shelter Insurance Federal Credit Union, pleaded guilty Thursday to embezzling more than $230,000 in U.S. District Court. Debra L. Wenger of Columbia, Mo., worked as a teller and...
by GrafWebCUSO | Apr 27, 2017 | News
Credit unions and other bill pay providers may be facing new competition from Apple Pay, which has begun allowing some users to pay monthly bills with its iPhone payment technology. The move, announced back in January and rolling out this month, lets Xfinity customers...
by GrafWebCUSO | Apr 27, 2017 | News
It’s every organization’s worst nightmare: A controversial, perhaps embarrassing incident takes place, then hits the internet and news outlets at lightning speed. Panic sets in. What’s next? A drop in revenue? Layoffs? A complete shutdown? The best,...
by GrafWebCUSO | Apr 27, 2017 | News
State banking regulators are taking the Office of the Comptroller of the Currency to court over its proposal to establish a special-purpose national bank charter for fintech companies. In the lawsuit filed Wednesday in federal district...