Financial institutions across the country are experiencing the rise of fraud, particularly in the area of card fraud. As touchless payments and online transactions increase, the type of card fraud is switching from primarily card-present [...]
It’s been a couple of tough years on the financial fraud front. Consider that e-commerce fraud reached $20 billion globally in 2021, representing 14% growth over the prior year. Meanwhile, friendly fraud rose by [...]
Remarkable Credit Union · Economic Justice for All: How SCCCU Lives and Breathes its WHY Take a look around your community and ask questions. Be humble, be courageous, and take a leap. These are guiding philosophies [...]
The difference between a great workplace strategy and a bad one can be a matter of perspective – specifically which perspectives are included in the process. Issues often look much different from a 30,000 ft [...]
As an iced-coffee-drinking, selfie-taking, house-plant-loving, certified Millennial, I have read countless op-eds and think pieces over the years on what Millennials want, who we are, and what industries we have supposedly killed (my apologies to [...]
If 2022 was a movie, it would be a sequel along the lines of Jaws 2. The movie poster would read, “Just when you thought it was safe to go back into the normal.” The [...]
Building something new isn’t always easy – it often takes a lot of time, a lot of thought, and a lot of persistence. Justin Olson, newest President and CEO of Forrit Credit Union ($106M) in [...]
CUNA Senior Economist Dawit Kebede discusses the latest economic and credit union system outlook in CUNA's latest Economic Update video. Kebede also issued statements this week on the Federal Reserve's Open Market Committee meeting, and [...]
In a letter to the Senate sent Friday, NAFCU President and CEO Dan Berger voiced opposition for the Credit Card Competition Act and outlined the negative impacts of imposing any new caps or restrictions on [...]
In the scramble to get top-of-wallet position, graphics count, and graphics need to reflect demographics and local markets, explains senior graphics designer Josh Hatcher of CUES Supplier member Vericast, San Antonio. Metal cards are now [...]
A lot has changed for credit unions within the past two years. Many have evolved their delivery models to support more digital, remote communications while still aspiring to offer a special, personal member experience. However, [...]
Last month, the Consumer Financial Protection Bureau’s (CFPB) Office of Servicemember Affairs released its annual report identifying trends among consumer complaints submitted by servicemembers, veterans, and their families. The report highlights credit and consumer [...]
The NCUA recently released an updated version of its Low-Income Designated (LID) Area Workbook, used to determine which geographic areas are classified as low-income. The new workbook implements the most recent American Community Survey (ACS) [...]
Credit unions were successful this week on Capitol Hill after the House passed two CUNA-League backed bills. The SECURE Notarization Act (H.R. 3962) authorizes the use of remote online notarization and creates national standards [...]
Trying to focus on our jobs and our lives at home can be draining. It can also be isolating. As leaders, it is our job to help foster uplifting workplaces for our employees, and that [...]
