As digitization has revolutionized financial services, new online and mobile tools have made financial advice and planning services more accessible to everyone. Now, advances in artificial intelligence (AI) promise to…
The House voted 397-8 Monday night to pass the CUNA-backed Making Online Banking Initiation Legal and Easy (MOBILE) Act of 2017 (H.R. 1457). The bill, introduced by Rep. Scott Tipton…
Ahead of President Donald Trump's State of the Union address tonight, NAFCU is calling for increased regulatory relief for the credit union industry. NAFCU is actively engaged with the administration…
Do you have a question about improving sales, employee performance or sales cultures? In our new column, Michael Neill, CSE, will take your questions and offer his best advice. Neill…
It won't be business as usual in 2018. Change is in the air in commercial banking, from new technologies and players to possible shifts in regulations and the tax code.…
Consumers ended 2017 by accelerating spending faster than their incomes, squeezing their savings rate to its lowest levels since the eve of the Great Recession. The U.S. Commerce Department reported…
Cryptocurrencies are constantly evolving, with popular currencies such as Bitcoin and Ethereum maintaining their popularity despite recent market corrections. At the core of both technologies is the cryptographically secure digital…
Bank of America has been phasing out its no-maintenance fee eBanking account for a while, but in January 2018 they finally decided enough was enough and pulled the final plug…
Fraud in 2018 will actually look a lot like fraud in 2017. These familiar fraud trends will include: Major data breaches Online phishing attacks & payment scams Non-chip enabled card…
In keeping with the tradition started last year, where we scored how well we did on the previous year’s predictions, here is a look at what we thought was going…
Credit Unions notched an important victory on Friday in their battle against ADA Website litigation. Although the decision is just binding for credit unions located in the Eastern District of…
In recent weeks, NAFCU has heard from multiple credit unions who have received letters from a firm alleging that the credit union's remote deposit capture function infringes on USAA's patents…
Results have been announced for the two contested elections for the CUNA Board of Directors. Maria J. Martinez, president/CEO of Border FCU, Del Rio, Texas, has been elected as the…
In a victory for credit unions facing litigation over unclear website requirements under the Americans with Disabilities Act (ADA), a federal district court in Virginia Friday found that the plaintiff…
Data from a new survey by the Federal Reserve Bank of Boston suggests that credit unions that don’t offer mobile banking, blow off mobile payments and ignore the mobile needs…
Prominent think tank supports bipartisan Senate reg-relief bill: A key part of CUNA's 360° advocacy includes building broad coalitions of support for our priorities. We're proud to note that Third…
Engaging consumers wherever and whenever they want means engaging across multiple channels, including a full complement of digital and physical options. Realizing this potential isn’t easy. “Consumers want to transact…
Air Chief Marshal Sir HughDowdingis considered one of the heroes of the Battle of Britain, which took place in August/September of 1940. He was known to be stubborn and shy…
For an organization to be successful, you must have a good team in place. And for a team to function at its highest potential, it needs a leader that knows…
The Consumer Financial Protection Bureau (CFPB) finalized changes to its prepaid accounts rule, including delaying the rule’s implementation several months beyond what CUNA requested. CUNA requested in August the bureau…
The NCUA Board on Thursday issued a request for information (RFI) on its call report modernization efforts. During the meeting, attended by NAFCU, the board also released a proposal on…
The homicide occurred right in front of Gian Paul Gonzalez’s house. It was the last straw for his parents, both youth pastors, who decided they needed to take their teenage…
An elderly Florida man charged with the armed robbery of an Arizona credit union that captured national media attention will remain in federal custody. During a detention hearing Tuesday, a…
Cybersecurity risk management is complicated. Threats, both known and unknown, are omnipresent. We are compelled to evaluate the likelihood of a threat exploiting a vulnerability in our organization and the…