News

Possible choices for payments technologies on the horizon

Emerging trends on the horizon for future payments technology are possibilities for credit unions, while there remains much work to be done to make these relevant to members. Here is a sneak preview of some evolving trends that might make it to the marketplace: Doing the talking Biometrics is one area of research in the […]

CUAid, Southeastern Credit Union Foundation give to Louisiana

As Louisiana struggles to recover from massive flooding that hit Baton Rouge and the surrounding areas, the National Credit Union Foundation (NCUF) activated CUAid, the online disaster relief system, one week ago. Since then, it has collected more than $53,000 in donations to help CU employees. The flooding continues, and more help is needed. To show […]

Data breach numbers climbing for 2016

Eddie Bauer reported last week that its point-of-sale systems at the company’s retail stores were compromised in a malware attack that enabled “unauthorized parties” to gain access to payment card information. Transactions with the company’s online store were not affected by the breach. The announcement from Eddie Bauer comes just a few days after an announced […]

Number of credit union mergers down in second quarter 2016

NCUA approved 46 credit union mergers in the second quarter, which is less than the 54 mergers approved by the federal agency in the first quarter of 2016. This data is quite an improvement in comparison to second quarters in years past. In the second quarter of 2015, there were 72 mergers, 70 in 2014, and […]

Potential for mobile phones to be compromised explored by experts

Mobile phones could be vulnerable to hackers aiming to eavesdrop or disrupt networks, according to Ars Technica. The attack could come with the introduction of a bug through a spectrum of telecommunication products, including radios in cell towers, routers, and switches, as well as the baseband chips in individual phones. “Although exploiting the heap overflow […]

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