by GrafWebCUSO | Oct 26, 2016 | News
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...
by GrafWebCUSO | Oct 26, 2016 | News
Credit unions have an edge over banks in the eyes of its members as a source of financial advice, according to a survey by a consumer analytics company. The online survey by Akron-based Segmint Inc. found 51% of members looked to their credit union for financial...
by GrafWebCUSO | Oct 26, 2016 | News
Last November, the NCUA Board issued its proposed rule on field of membership. On Oct. 27, having received approximately 11,000 comment letters, the NCUA is coming full circle. The agency is scheduled to finalize its field of membership proposal and propose a new...
by GrafWebCUSO | Oct 26, 2016 | News
Social media is not a novelty for marketers anymore. Some credit unions have embraced the personal member connections on its social media platforms to create real revenue generation. CU Times created the case study “How Credit Unions Can Increase Revenue (and...
by GrafWebCUSO | Oct 26, 2016 | News
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...
by GrafWebCUSO | Oct 25, 2016 | News
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...