Social Media Challenges for Credit Unions

The financial services industry has a love-hate relationship with social media. They like how accountholders can communicate directly with financial institutions but fear how startups use it to threaten traditional relationships. Almost two-thirds of American adults...

6 Factors Impacting Identity Theft Risks

The threats posed by cyber attacks and identity theft continue to grow as cyber criminals always seem to be on offense while consumers and insurers are on defense. A study recently released by Javelin Strategy and Research found that cyber...

Former Credit Union Board Chair Indicted

A former board chair of a Virginia credit union was indicted Thursday on 20 felony charges of forgery check forgery and ID fraud. Mark M. Whitaker served as board chair of the $101,630 New Bethel Federal Credit Union in Portsmouth, Va. from at least 2012 to 2015 when...

PSCU Engages Mastercard to Help Fintech Startups

St. Petersburg, Fla. based PSCU, which calls itself the nation’s leading credit union service organization announced a partnership with Mastercard Start Path Global, a program supporting later-stage fintech startups. Fintech companies are businesses that...