What’s Next on the Cybersecurity Front

The recent cyberattack that took down websites like PayPal, Amazon, Netflix and Twitter was just the latest reminder about the importance and vulnerability of the internet. Coming, ironically, near the end of National Cybersecurity Awareness Month, the attack also...

Fraud Card Loss Climbs; Cash Use Remains Strong

Credit card losses from fraud cases reached new levels in 2015 for credit unions and other financial institutions.  Fraud losses incurred by financial institutions and merchants’ credit, debit, and prepaid general purpose and private label payment cards...

First Phase of Same-Day ACH Lands Smoothly for Most

The first month of same-day ACH appears to have come in like a lion and gone out like a lamb. Despite grumbling about fees and fraud concerns leading up to the Sept. 23 addition of two new same-day settlement windows for credits on the ACH network, the change has...