News Archives

Donovan: CUs eager to bring financial services to communities

Donovan: CUs eager to bring financial services to communities

It’s more important than ever that communities retain access to a local financial partner that can meet their needs, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Wednesday. He noted [...]

Fed recommends synthetic ID fraud definition

Fed recommends synthetic ID fraud definition

The Federal Reserve Tuesday released an industry-recommended definition of synthetic identity fraud: The use of a combination of personally identifiable information (PII) to fabricate a person or entity in order to commit a dishonest act [...]

Data breaches: Uncovering the known and the unknown

Data breaches: Uncovering the known and the unknown

Imagine trusting a company enough to give them access to your personal information, only to find out it was compromised during a data breach. Do you know where your information goes once it has been [...]

8 best fraud prevention tactics for 2021

8 best fraud prevention tactics for 2021

As shared during our recent webinar, 2021 Fraud Crystal Ball, credit unions continue to face security risks from experienced bad actors. Member attacks are becoming more frequent and creative, and it’s important to stay [...]

Supreme Court adopts narrow autodialer definition

Supreme Court adopts narrow autodialer definition

We have blogged several times before about the Telephone Consumer Protection Act (TCPA) and what is an “autodialer” under the rules and on April 1, 2021 the Supreme Court provided some clarity. As background, in [...]

Compliance: FinCEN seeks input on new CDD proposals

Compliance: FinCEN seeks input on new CDD proposals

The Financial Crimes Enforcement Network (FinCEN) has issued an advance notice of proposed rulemaking (ANPR) to solicit public comment on questions pertinent to the implementation of the Corporate Transparency Act (CTA), enacted into law as [...]