Malware Starts Pinpointing Financial Services Targets

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...

California Couple Sentenced for $600K Credit Card Scam

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,...

DOL Releases Fiduciary Rule FAQ for Investors, Workers

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...

Making the Most of Mobile Banking User Interfaces

Today’s mobile banking world is all about performance, user experience and interfaces. However, just as there isn’t one mobile banking user type, no single solution fits all credit unions. So, what is the best way for credit unions to mobilize their...

Metsger Expects Stability at NCUA as Trump Takes Office

As the NCUA board prepares for its last meeting during the Obama Administration, Chairman Rick Metsger said Thursday he does not expect any great change in policy direction in the near future. The NCUA board meets Jan. 19 and has two items on its agenda – an...