Social Media Scheme Hits Six Credit Unions

Six small and large New York credit unions and their members were victimized in a $100,000 social media check fraud scheme. New York Attorney General Eric T. Schneideman filed a 19-count indictment July 29 against Kevin Lee and Daniel Green for writing fraudulent...

2016 Rio Olympics Bring Mobile, Social Media Risks

Olympics-themed data-stealing apps and fraudulent social media accounts carrying phishing schemes are among the risks to non-participants at home and abroad for this year’s Games, according to the Sunnyvale, Calif.-based Proofpoint. This is likely to be the most...

Car Sales Growth Slows, Leasing Accelerates

Credit unions will need to work harder to gain market share in the automotive loan market this year as the growth rate of car sales slows and more buyers choose to lease. According to a report released Thursday by CU Direct, a CUSO based in Ontario, Calif., dealers...