Global EMV Adoption Leaps; U.S. Still Lags

Almost half of the card payments in the world now involve EMV chips, and the number should exceed 50% in 2017, according to new data from EMVCo. From July 2015 to June 2016, 42.4% of transactions globally were EMV-compliant, compared to 33% for the previous 12-month...

Caroline Willard Named New Cornerstone League CEO

Caroline Willard was named president/CEO of the Cornerstone Credit Union League, its board of directors for the nation’s largest regional state association said Thursday. Willard will succeed Cornerstone President/CEO Richard L. Ensweiler who will retire at the...

Credit Union Loan Process Striking Gold

The $1.4 million Radcliff, Ky.-based Fort Knox Federal Credit Union said it significantly boosted loan volume and process efficiency after deploying Rahway, N.J.-based IMM’s eSignature solution to complete loan origination. “Having members located all...

9 Reasons Retirement May Go Extinct

Retirement as we know it may be set to disappear, as younger people look for ways to finance surviving into old age. But extinction? Surely not. However, according to the Merrill Edge Report 2016, that might just be in the offing, as workers change how they plan...

4 of 10 Businesses Cannot Fight Off Targeted Cyberattacks

Research from Woburn Mass.-based cybersecurity firm Kaspersky Lab found almost 40% of surveyed businesses, including financial institutions, are not confident about protecting themselves against threats like DDoS and targeted attacks. The 2016 Kaspersky Lab Corporate...

Conservatives Drop MBL Rules From Hit List: CUNA

House conservatives have agreed to drop the NCUA’s new Member Business Rules from a list of regulations they want eliminated during the first hundred days of the Trump Administration, Ryan Donovan, CUNA’s chief advocacy officer said Wednesday. The House...