CUNA announces dues reduction

CUNA announced Wednesday that it is reducing member dues for 2016. The reduction recognizes the need for CUNA to continue to become leaner and more agile, as well as calculate dues in a way that that celebrates and rewards credit union success and asset growth. CUNA has been taking steps to streamline its management and […]

FFIEC releases 2014 mortgage data

The Federal Financial Institutions Examination Council (FFIEC) is now making available the data on mortgage lending transactions at 7,062 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA).  The HMDA data covers 2014 lending activity, and includes applications, originations, purchases and sales of loans, denials, and other actions related to applications. The HMDA […]

Inside look at Target data breach

According to the Krebs on Security website, once the Target data breach happened in 2013, the company found that when hackers were inside the store’s system, there were no safeguards in place to keep them from gaining customer’s personal information. Krebs on Security obtained an internal document that shows that Target hired Verizon experts to […]

Samsung Pay featured in ads during Emmy awards

A new payment system is about to be launched for mobile customers. During Sunday night’s Emmy awards show, Samsung ran a number of ads showing its new payment system and claiming that it’s “the most accepted mobile payment.” That’s a big claim considering that the system is currently only being beta tested in the U.S. […]