What is your organizations' cyber recovery strategy and cyber risk threshold? Who has the better insight into your cyber vulnerabilities – your IT leader, or cybercriminals? Every day, these threats are intensifying at an alarming rate. [...]
The federal banking agencies—the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Reserve System (Federal Reserve)—published proposed interagency guidance about [...]
The pandemic created the largest amount of excess liquidity in history. The credit union industry has never been more flush with excess cash. Loan demand remains weak. And margins are now at all-time lows. Amid [...]
You’re a smart person and you do good work. So how come you’re not being noticed? Your boss isn’t recognizing the good work you do and your co-workers don’t appreciate you. [...]
Jeremy Garza has been the CEO at Gulf Coast Federal Credit Union for eight years; he’s worked at the credit union for a total of 18 years. Now, the credit union is making history [...]
When compliance intersects with governance and risk, opportunities can be unearthed. “Compliance is basic hygiene in today’s risk and regulatory landscape,” said Andy Vanderhoff, CEO of GRC technology provider Quantivate. “Compliance risk management goes [...]
Zimbabwe, located between Malawi and South Africa, is slightly larger than Montana with a population of 11,393,000. Years of civil war against white minority rule and a Freedom Fighters guerrilla uprising led to [...]
NCUA issued a Regulatory Alert (21-RA-08) this week on the Consumer Financial Protection Bureau’s June 30 final Regulation X rule to assist borrowers affected by the pandemic. The final rule only applies to servicers [...]
NAFCU, along with several financial trade organizations, wrote to the Senate Banking Committee and House Financial Services Committee Monday to urge lawmakers against the expansion of the Durbin Amendment to credit cards. "Support for any [...]
To keep pace with rapidly evolving member demand for digital financial services, credit unions are working with more third-party providers than ever before. Falling under the large and somewhat nebulous umbrella of “fintech,” these partners [...]
Implementing and managing credit card portfolio has always been an important activity for credit unions. This has been so because credit cards have always been the most profitable product for any financial institution. It is [...]
It’s fair to say that none of us saw the COVID-19 pandemic coming. In the business community, the spring of 2020 was marked by government-mandated statewide shutdowns, entire workforces hurriedly transitioning to remote work, [...]
Once an organization has made a commitment to diversity, equity and inclusion (DEI), attention must turn to building an inclusive culture by making DEI a top priority. In doing so, it is crucial to understand [...]
Modern commerce can be described in one word – immediate. Customers expect on-demand transactions whether they’re hailing rides, consuming media, or paying bills. Technology has elevated business-to-consumer (B2C) interactions with the help of apps, mobile [...]
It’s exactly what you needed—a chance to get away and relax. But even when you’re on vacation, it’s important to protect yourself from scammers and identity thieves. Below are five tips [...]
