by GrafWebCUSO | Dec 8, 2016 | News
The great paradox of cybercrime is that credit unions’ biggest vulnerability isn’t their technology, it’s the people who use it. “It’s low-tech. It’s human error; people sending PII or SII. Folks are not breaking into the 256-bit...
by GrafWebCUSO | Dec 8, 2016 | News
Congressional Republicans have dropped plans to enact changes to the CFPB through the appropriations process. Congressional negotiators this week released their version of a Continuing Resolution that, in most cases, would fund federal programs until April 28. The...
by GrafWebCUSO | Dec 7, 2016 | News
A former interim credit union CEO was accused of allegedly stealing more than $130,000 from the $7 million N.G.H. Credit Union in Nashville, Tenn., the Tennessee Bureau of Investigation said Tuesday. TBI, the state’s primary criminal investigative agency,...
by GrafWebCUSO | Dec 7, 2016 | News
To credit unions, the NCUA’s new Field of Membership rules are a simple effort to allow more consumers access to their services. For bankers, the rules amount to a power grab that will provide tax-exempt financial institutions with an unfair advantage in the...
by GrafWebCUSO | Dec 7, 2016 | News
[embedded content] Credit unions are partnering with the documentary filmmaker Adam Carroll. His film, “Broke, Busted and Disgusted” takes a look at the harsh realities of student loan debt that college students are facing. Many credit...
by GrafWebCUSO | Dec 7, 2016 | News
Industry officials agreed Tuesday that while there could likely be a delay in the Department of Labor’s fiduciary rule, outright repeal of the rule is unlikely, so advisors and broker-dealers should continue to get ready for the April compliance date. “I...