The National Institute of Standards and Technology (NIST) has recently updated certain password guidelines that were previously thought to improve security.1These new recommendations aim to reduce vulnerabilities that result from the enforcing of certain [...]
The term “faster payments” is popping up more frequently – not just in payments-specific trade publications, but in the mainstream media as well – as discussions focus on the need to send money to consumers and businesses [...]
As we set out to write an opinion piece on what either the re-election of Donald Trump or the election of Joe Biden would bring for the financial markets, we thought we would wait to [...]
The coronavirus has forced credit unions across the country to dramatically change how they do business and serve members. At the onset of the pandemic in the United States, branches closed in nearly every state, [...]
The nature of credit unions has always been to hold and secure sensitive information. For that very reason, many companies choose to partner with payment providers because they need someone to help them meet the [...]
Many of our well-laid-out action plans for 2020 and beyond have been derailed, deconstructed, or delayed. Credit union leaders are experiencing big career-defining moments and, in many ways, some of us are in crisis management [...]
As credit union professionals are entering the fourth quarter, we’re all rolling our eyes at what a year it’s been. As much as we want 2020 to end, everyone is trying to figure [...]
Collateral Protection Insurance (CPI) vendors look to earn the most premium permissible, and hopefully for them, as fast as possible. I made that statement in my last article ‘What would Milton Friedman say about CPI’ [...]
Legislation from Rep. Mike Gallagher (R-Wis.) aligns with credit unions’ mission to improve the financial well-being of members, CUNA President/CEO Jim Nussle wrote Gallagher Tuesday. The Student Empowerment and Financial Literacy Act would establish [...]
NAFCU President and CEO Dan Berger met with NCUA Board Member Todd Harper Monday to discuss several top credit union priorities, including the National Credit Union Share Insurance Fund (NCUSIF), field of membership (FOM), credit [...]
If you thought the last four years were difficult trying to keep politics out of the workplace, get ready for the next month. The race to the November election is heating up, and you can [...]
Executives use dashboards to monitor the performance and health of our businesses. Traditional metrics like sales, revenue, margin, return on equity and total shareholder return are common and important metrics. But today, in the age [...]
Remarkable Credit Union · From Education to Behavior Change: How to Financially Empower Your Members We all have our own money story. Our financial habits, as well as the beliefs and emotions we have around money, [...]
You have a blind spot. Sounds simple, but oh how hard it is for us to recognize our own blind spots. Imagine this: You’re soaring 3,200 feet above your city, flying your small [...]
Why Synthetic Identity Fraud Is More Sinister Than Traditional Identity Theft Community banks and other smaller financial institutions need to recognize one of today’s most troubling cybersecurity issues—synthetic identity fraud. Traditional identity theft [...]
