CHARLESTON, S.C.–The man who authored the book “Catch Me If You Can,” which became a major movie of the same name, has a warning for consumers: “Don’t use debit cards if you can.”
Fresh Today
WASHINGTON—The Consumer Financial Protection Bureau has settled with Asset Recovery Associates, Inc. (ARA), a debt-collection company headquartered in Illinois.
ATLANTA—The 11th Circuit Court of Appeals has ruled that the receipt of a single, unwanted text messages by itself does not violate the Telephone Consumer Protection Act (TCPA).
ATLANTA–The 11th Circuit Court of Appeals has overturned a 2017 court ruling that had dismissed a potential class action lawsuit against LGE Community Credit Union over its overdraft practices.
WASHINGTON—Maxine Waters (D-CA), chair of the House Financial Services Committee, has released the committee’s Fall 2019 priorities and indicated that the committee will "continue its work to ensure fairness, competition, and transparency."
WASHINGTON–U.S. Treasury yields fell further yesterday, with the yield spread between the two- and 10-year treasuries at its most inverted point since 2007.
RICHMOND, Va.—In the first half of 2019, there have been about 4,000 fewer entries in the common vulnerabilities and exploits (CVE) database, which tracks weaknesses in software and hardware, but that's no reason for CUs to rest easy: 34% of the 11,092 reported vulnerabilities remain unpatched.
RICHMOND, Va.—2019 is on track to be the worst year ever for data breaches, a new report reveals.
WASHINGTON–The Federal Financial Institutions Examination Council (FFIEC), which includes NCUA, has issued a statement emphasizing the benefits of using a standardized approach to assessing and improving cybersecurity preparedness.
WASHINGTON—Technical amendments to Regulation CC, including changes made by the Economic, Growth, Regulatory Relief and Consumer Protection Act (S.2155) which impact institutions located in U.S. territories, are set to become effective next week.