WASHINGTON—Calling Cyber Monday sales invitations for fraudsters to steal payment card data, NAFCU again emphasized the need for Congress to pass national data security standards for merchants and retailers.
Fresh Today
GRAND RAPIDS, Mich.–CU*Answers has added a “Who Has Access” page to all of its client board websites.
SEOUL, South Korea—Financial regulators in South Korea have launched a digital currency task force to focus on regulatory and licensing parameters for bitcoin exchanges.
KIEV, Ukraine–The credit union sector in Ukraine is getting a boost this year as the World Council of Credit Unions (WOCCU) starts to implement a new four-year Credit for Agriculture Producers Project (CAP).
WASHINGTON—The Consumer Financial Protection Bureau announced it is launching an inquiry into the challenges consumers face in accessing, using, and securely sharing their financial records.
BEIJING, China—While e-commerce is going strong in the world's largest two economies—the United States and China—a new study shows that Chinese consumers are more likely to shop on their smartphones and tablets than their counterparts in America.
MADISON, Wis.–As CUs’ total number gets closer to dropping below 6,000 for the first time in decades, total CU membership grew by more than 3.4 million during the first three quarters of 2016, according to the latest CUNA Mutual Trends Report.
WASHINGTON–The House and Senate are back in session, but it may not be for long. Ryan Donovan, CUNA’s chief advocacy officer, said leadership of the lame duck session appears to be “positioning to make an early exit.”
WASHINGTON—The Financial Services-Information Sharing and Analysis Center (FS-ISAC) has released a plan to toughen financial institution cybersecurity defenses through “Sheltered Harbor,” which standardizes data storage for retail accounts.
WASHINGTON–NAFCU’s board will meet today with Federal Reserve Board Gov. Lael Brainard to present findings in the 2016 NAFCU Report on Credit Unions.