by GrafWebCUSO | Oct 25, 2016 | News
The Cooperative Credit Union Association said Tuesday at least four credit unions have reported an increase in counterfeit corporate checks. The Marlborough, Mass.-based trade group, which represents nearly 200 credit unions in Massachusetts, New Hampshire, Rhode...
by GrafWebCUSO | Oct 25, 2016 | News
A recent LinkedIn study found that of 291 hiring managers surveyed, 59% agreed that finding employees with the right soft skills is much more difficult than finding employees with adequate technical skills. They also found that these skills are particularly important,...
by GrafWebCUSO | Oct 25, 2016 | News
Thirty federally insured credit unions were penalized for filing required call reports late during the first quarter of the year—twice as many as in the first quarter of 2015, the NCUA announced. The 30 credit unions agreed to pay penalties totaling $20,036, the...
by GrafWebCUSO | Oct 25, 2016 | News
The CFPB released a report highlighting developments including new products, services, and trends from financial technology startups and traditional financial institutions with the potential to produce consumer benefits. “Innovation has enormous potential to...
by GrafWebCUSO | Oct 24, 2016 | News
Biometrics is becoming more mainstream at credit unions. The technology, while not exactly new, is driven by the need to authenticate members and staff accurately and effortlessly. “I would argue the next big thing is what we all talked about earlier this year...
by GrafWebCUSO | Oct 24, 2016 | News
The CFPB’s proposed rules governing the handling of data would allow the agency to disclose to non-credit union regulators information that should remain confidential, credit union trade groups said in comments filed last week. The bureau should be prohibited...