Under Armour has admitted that around 150 million MyFitnessPal user accounts were hacked in February of this year. The sports conglomerate stated in a press release that “an unauthorized party acquired data associated with MyFitnessPal [...]
It was the best of times, it was the worst of times, it was the age of social media, it was the age of spammy marketing... The internet is noisy... okay, it's deafening with marketing [...]
According to a study from Kronos Incorporated, onboarding is a critical weakness for a majority of organizations, a weakness that stalls new hire momentum and threatens to disengage enthusiastic employees during their crucial first weeks [...]
During my first year at CUNA, I was meeting as many credit union people as possible and introducing myself to the movement. One of the messages I heard over and over again is, “Jim, we [...]
Most agency heads don’t tell Congress that their agencies are far too powerful. But then, there’s Mick Mulvaney, acting director of the CFPB. He has said that he has no intention of dismantling [...]
When people think of marketing campaigns, they often jump to the flashy advertisement at the very end of the process. In reality, putting together a successful promotion at your credit union can feel more like [...]
With a new year comes new resolutions, disruptors and trends. This will especially ring true in the payments space, which boasts one of the biggest growth markets in the world: fintech. Research estimates that global [...]
NAFCU's Compliance Team is often asked if a particular NCUA legal opinion is still valid guidance or how to determine if an opinion has been superseded. NCUA's website, on its Rules and Regulations page, describes [...]
By all indicators, the future of banking is wide open. The combination of mobile, open application programming interfaces (APIs) and the rise of machine learning are contributing to a growing phenomenon known as “Open Banking.” [...]
NCUA General Counsel Michael McKenna recently issued a legal opinion letter from the agency on loan participations. An inquiry was made about whether a loan participation must meet the requirements of NCUA’s loan participations [...]
NAFCU on Friday filed its seventh amicus brief in support of credit unions facing litigation over unclear website accessibility requirements under the Americans with Disabilities Act (ADA). NAFCU's latest filing is the second in a [...]
Cheer up! Just because April happens to be Tax Month, doesn’t mean there’s no joy to be found. Some restaurants and retailers offer Tax Day freebies to ease the paying-the-IRS blues. Head to [...]
How often have you and your credit union team gotten stuck while looking for a new idea, or seeking the solution to a problem or challenge? Want to know a cool way to get unstuck? [...]
When we think about financial scams, we often assume that it’s our elders who fall prey most often. But according to a recently released Federal Trade Commission (FTC) report, statistics show that millennials are [...]
I love Credit Unions. Let me count the ways. Credit Unions obsess about great financial products and putting members first. The calling card of our industry is personal attention and the overall desire to do [...]
