by GrafWebCUSO | Feb 8, 2017 | News
A police investigator said a fire that occurred at a Washington credit union in March 2016 was deliberately set. A financial investigation is under way of the $3.3 million G H Woodworkers Federal Credit Union in Aberdeen, Wash., after “several unusual...
by GrafWebCUSO | Feb 8, 2017 | News
House Financial Services Chairman Jeb Hensarling (R-Texas) Tuesday called on President Trump to fire CFPB Director Richard Cordray as soon as possible. “Personnel is policy,” Hensarling said in an interview on Fox Business. He said he believes Trump has...
by GrafWebCUSO | Feb 8, 2017 | News
CUNA Mutual Group said Wednesday it has invested in a Chicago-based financial anti-fraud technology startup, participating in Rippleshot, Inc.’s $2.6 million Seed 2 round. KDWC Ventures was the lead investor in the funding for Rippleshot, which provides...
by GrafWebCUSO | Feb 7, 2017 | News
After disaffiliating from the Carolinas Credit Union League nearly three years ago, the board of directors of the $30 billion State Employees’ Credit Union in Raleigh, N.C., said Tuesday it voted to rejoin the Carolinas league. This follows SECU’s decision...
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...