by GrafWebCUSO | Feb 7, 2017 | News
A 49-year-old woman attempted to purchase a $1.2 million home with a forged Pennsylvania credit union cashier’s check. Carroll Township Police charged Katherine D. Kempson of Dillsburg, Pa., last month with four counts forgery and one count of writing a bad...
by GrafWebCUSO | Feb 7, 2017 | News
Cybercriminals are quickly trading malware for ransomware and may soon make a big push into hacking wearables and other Internet of Things devices, according to an annual threat report from Santa Clara, Calif.-based network security company SonicWall. Using data from...
by GrafWebCUSO | Feb 7, 2017 | News
As House Financial Services Chairman Jeb Hensarling (R-Texas) prepares to introduce the latest version of his bill to overhaul the Dodd-Frank Act, credit union trade groups are pushing the chairman to retain or add provisions that benefit their institutions. “We...
by GrafWebCUSO | Feb 7, 2017 | News
On Jan. 24 the U.S. District Court of the Eastern District of Virginia dismissed a closely-watched lawsuit involving an attempt by the Independent Community Bankers of America to roll back a February rulemaking that allows federal credit unions to extend business...
by GrafWebCUSO | Feb 7, 2017 | News
U.S. EMV chip card adoption, starting in 2015, helped trigger a migration to other fraud types such as identity and card-not-present transaction scams, as well as so-called sleeper fraud and account takeover. The Global Fraud Index shows a 62% rise in online fraud...
by GrafWebCUSO | Feb 6, 2017 | News
Total mortgage originations, including purchasing and refinancing applications, declined by 16% in the fourth quarter of 2016 to 470,000 from 561,000 in the third quarter of 2016, according to Brian Turner, president and chief economist of Meridian Economics in Plano,...
