by GrafWebCUSO | Nov 30, 2016 | News
Total transactions at payment card networks grew 6.8% from 2014 to 2015, but the estimated losses due to fraud soared over previous estimates, the Federal Reserve Board reported Wednesday. Payment card networks process 60.6 billion debit and general-use prepaid card...
by GrafWebCUSO | Nov 29, 2016 | News
Credit unions continued to gain a larger share of U.S. loans in the third quarter, but loan growth might slow in 2017 under President-elect Donald Trump, according to bank and credit union reports released this week. CUNA Mutual Group’s “Credit Union...
by GrafWebCUSO | Nov 29, 2016 | News
A seventh credit union, the First African Baptist Church Federal Credit Union, which received services from the Service Center for Credit Unions Inc. in Bensalem Township, Pa., was closed Tuesday. The NCUA announced it liquidated the $76,188 First African Baptist...
by GrafWebCUSO | Nov 29, 2016 | News
Workers in the U.S. are under a lot of financial stress, thanks to heavy loads of student debt and medical bills and low-paying jobs. But that stress is actually something more, a new study shows: a form of financial post-traumatic stress disorder....
by GrafWebCUSO | Nov 29, 2016 | News
The Consumer Financial Protection Bureau (CFPB) issued a bulletin on Monday warning supervised financial companies that creating incentives for employees and service providers to meet sales and other business goals can lead to consumer harm if not properly...
by GrafWebCUSO | Nov 29, 2016 | News
Cybercriminals are broadening their targets in the nefarious search for personal information from data breaches. Fraud trends that could involve credit unions in 2017 are payment-based and so-called aftershock password attacks. The Experian 2017 Data Breach Industry...
