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BOSTON—Account takeover fraud is ramping up to an “industrial scale,” according to one analyst who says many financial institutions are not prepared to defend against “Fraud, Incorporated.”

MADISON, Wis.–Twenty-three credit union leaders have been accepted to the 2019 Filene i3 program and will now begin a two-year “development journey to address some of the biggest issues facing the credit union industry.”

WASHINGTON–Dozens of representatives from UNICRED–one of Brazil’s largest credit union systems—are visiting Washington this week to learn about the U.S. credit union system and explore “innovative strategies to improve member service” as part of a World Council of Credit Unions’ Global Classroom visit.

BLOOMINGTON, Ill.– A new survey of parents has found that while 61% of Americans consider parents a key influence in shaping the way they manage their finances, parents of kids under age 21 lack confidence in a number of personal finance topics, with 46% giving their level of financial literacy a grade of C or lower.

COLLEGE STATION, Texas–Texas A&M University has announced a fully integrated “Campus+” partnership with Aggieland Credit Union as its Official Credit Union.

WASHINGTON—Noting that "faster payments represent a distinct technology priority" for credit unions, NAFCU Vice President of Legislative Affairs Brad Thaler outlined for the Senate Banking Committee the association's support for the Federal Reserve’s efforts to develop a real-time payments system – FedNow Service – and also reiterated the need for a national data security standard.