by GrafWebCUSO | Jan 17, 2017 | News
The growth rate in retail fraud appears to have surpassed the growth rate in e-commerce transactions over the 2016 holiday season, according to a new survey by Naples, Fla.-based electronic payments provider ACI Worldwide. The data, which was based on hundreds of...
by GrafWebCUSO | Jan 17, 2017 | News
Senate Democratic Leader Chuck Schumer (D-N.Y.) delivered a stern message to President-elect Donald Trump today—“Do not tell Richard Cordray he’s fired.” Schumer joined Sen. Sherrod Brown (D-Ohio) and Elizabeth Warren (D-Mass.) on a conference...
by GrafWebCUSO | Jan 17, 2017 | News
Sunnyvale, Calif.-based security firm Proofpoint discovered a sharply focused email-based campaign attacking a major financial service provider with a small number of malicious emails sent to users in a single organization. Additionally, the emails included a...
by GrafWebCUSO | Jan 16, 2017 | News
This past week, nine credit unions beefed up their teams with new talent. In addition, one credit union mourned the loss of one of its own executives. WEST The $4.7 billion Ent Credit Union in Colorado Springs, Colo., promoted Mike Grady to service area manager....
by GrafWebCUSO | Jan 16, 2017 | News
New court documents revealed that a $600,000 credit card scheme victimized many more credit unions than banks across 19 states, which was not previously reported publicly by federal authorities. Michael Lee Thomas of Oakland, Calif., and Barbara John Lopp of Stockton,...
by GrafWebCUSO | Jan 13, 2017 | News
The Department of Labor released Friday the second batch of frequently-asked-questions guidance on its fiduciary rule. In releasing the 16-page FAQ, which includes 30 questions and answers, Phyllis Borzi, assistant secretary of Labor for the Employee Benefits...
