by GrafWebCUSO | Aug 4, 2017 | News
The CFPB on Friday released four overdraft disclosure prototypes designed to make it easier for consumers weighing whether to take out overdraft protection. The one-page form is designed to improve the model form already being used by credit unions and banks....
by GrafWebCUSO | Aug 3, 2017 | News
Convicted of embezzlement, fraud or grand theft, former credit union employees who worked as a CEO, a branch supervisor and a teller were banned from participating in the affairs of any federally insured financial institutions, the NCUA announced earlier this week. In...
by GrafWebCUSO | Aug 3, 2017 | News
The reality of breaches is the amount of information available on the dark web. In 2016, hackers stole some three billion credentials, some of which they use in account takeovers. The big security threat called credential stuffing is the use of automated means to test...
by GrafWebCUSO | Aug 2, 2017 | News
Credit Union trade organizations praised the CFPB for its proposal to ease up on Home Mortgage Disclosure Act reporting for home equity lines of credit — then they urged the agency to go further. In letters sent to the Consumer Finance Protection Bureau in the...
by GrafWebCUSO | Aug 2, 2017 | News
A second breach at Anthem Inc. exposes the fact that businesses are not prepared for cyber attacks.
by GrafWebCUSO | Aug 1, 2017 | News
U.S. Attorney General Jeff Sessions has loomed as a threat to the legalized marijuana industry. But Sessions, at the helm of the U.S. Justice Department since February, hasn’t taken any overt action to undermine state regulations, giving some hope to...
