Millennials Shunning FIs’ Mobile Payment Apps

Millennials are pushing aside bank mobile payment apps in favor of third-party offerings such as Venmo, according to the results of a new survey, adding to concerns over how credit unions and other financial institutions are faring with the demographic...

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...