4 Ways Fraudsters Exploit Mobile Devices

Customer expectations for frictionless mobile experiences lead to more opportunities for fraudsters, particularly when authenticating devices. And it’s due to variables that change suddenly, such as new phone numbers, SIM cards and carriers. The Atlanta-based...

NAFCU to Hensarling: Exempt CUs From CFPB Oversight

The Dodd-Frank overhaul being pushed by House Financial Services Chairman Jeb Hensarling (R-Texas) should exempt credit unions from CFPB rulemaking, NAFCU President/CEO B. Dan Berger said Tuesday. “While there are credible arguments to be made for the existence...

NCUA Approves Federal Charter for California Credit Union

The NCUA said Tuesday it granted a federal charter and share insurance fund coverage to the $1.1 billion Firefighters First Federal Credit Union in Los Angeles. The new charter, which became effective April 18, will enable Firefighters First FCU to offer consumer...

Durbin Amendment Fight: Who’s Ready, Who’s Not?

A fight to repeal the so-called Durbin Amendment could put any effort to overhaul Dodd-Frank at risk, Mallory Duncan, senior vice president and counsel at the National Retail Federation warned Tuesday. “There’s not an appetite to have this fight...