Fifteen years
Roughly 15 years ago, a good friend let me know about a job opening at a place called NAFCU. Long story made short, I got the job. (And something else – ...
The latest from John Pettit
Beyond containment, eradication and recovery – What’s next when you’re the victim of a breach
This has been a tough month for the industry in terms of data breaches. The most significant incident was the Capital One breach, in which over 100 million consumers were ...
How to move at the speed of technology
IT is a fast-paced field, but Michigan State University Federal Credit Union($4.2B, East Lansing, MI) keeps up with the constant change. Rather than partner with turnkey providers, the ...
CFPB announces updates TILA fees, thresholds for 2020
The Consumer Financial Protection Bureau (CFPB) has announced adjusted threshold amounts for several provisions in Regulation Z, which implements the Truth in Lending Act (TILA). The CFPB is required to ...
URLA preferred language question now voluntary
A preferred language question on the government-sponsored enterprises’ (GSEs) redesigned Uniform Residential Loan Application (URLA) will now be voluntary instead of mandatory, the Federal Housing Finance Agency (FHFA) announced last ...
How to evaluate a fintech start-up company
The demand for innovative financial solutions is rapidly evolving. Credit unions looking to stay competitive in the market will need to adopt a culture of innovation. However, building or buying ...
From false identities to phony companies to . . .
As credit unions compete more aggressively for small business loans, one expert believes many are moving too quickly and not paying attention to risk from fraudsters who are increasing their ...
Visa celebrates 25 years of ecommerce
25 years ago, shopping malls reigned supreme, Neiman Marcus introduced the ‘gift card’1, and Pizza Hut started accepting online orders for the first time. Shoppers did not have the ...