Vital factor in CU mergers or acquisition

JMFA’s Kelly Flynn, national sales director, looks at the important issues facing credit unions during mergers and acquisitions in the following article.  Mergers or acquisitions are stressful, time-consuming affairs. With so many big issues and minor-yet-important details to take care of, opportunities that don’t seem pressing can be pushed aside or overlooked. Making sure vendors are […]

Report shows need for caution in web browsing

Kaspersky Lab’s ‘Spam and Phishing in Q2 2018’ report demonstrates that in order to protect their money, users should be extremely cautious about their security when browsing the internet. Attacks on customers of financial organizations, including banks, payment systems and e-shop transactions, is a continuing trend in cybercrime, involving the theft of money, as well as […]

CU Assured|Pivot provide best practices and resources for cyber security preparedness  

As was recently reported on public outlets, the FBI’s Cyber Division issued a Private Industry Notification to financial institutions stating, in part, “…the FBI has obtained unspecified reporting indicating cyber criminals are planning to conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming days, likely associated with an unknown card issuer breach and […]

Best Practices Lead to Best Results

 As regulators shift focus, fully disclosed financial services still matter by Cheryl Lawson, EVP-Compliance Review   Following the recent passage of the Economic Growth, Regulatory Relief and Consumer Protection Act (S.2155) – which was intended to roll back some of the regulations of the Dodd-Frank law for smaller financial institutions – the Bureau of Consumer Financial Protection […]

Protect your credit union from cybercrimes

Some of the largest corporations with the best access to security have been hacked and breaches are in the news almost every week. LEVERAGE, an affiliate of the League of Southeastern Credit Unions has cyber security solutions tailored for credit union needs, including monitoring, audit, and compliance services. LEVERAGE is introducing two new products specifically designed […]

Financial trades ban together on data breach

Major merchant data breaches continue to put millions of consumers at risk. Credit Union National Association (CUNA) is joining with a coalition of financial trade associations to push for legislation that requires stronger data security standards for retailers. In a joint letter with the American Bankers Association (ABA), Consumer Bankers Association (CBA) and Independent Community Bankers of America (ICBA), CUNA urges Rep. Bob Latta (R-Ohio), chair of the House Energy and Commerce Subcommittee on […]