Protect your credit union from cyber incidents
The cost of data breaches is skyrocketing, and cyber threats are evolving faster than ever. Managed Detection and Response (MDR) can be a lifeline for credit unions in this challenging ...
The latest from Lauren Culp
This bank tested 90 uses for AI before choosing the top 2—and they benefit customer service and productivity
Citizens Financial Group has explored more than 90 different use cases for generative artificial intelligence. Only two have gone into production thus far. “We really work to make sure we ...
US opens up banking to private Cuban businesses as it aims to boost private sector
The U.S. lifted some financial restrictions against Cuba on Tuesday, in a move designed to boost private businesses on the island. The measures will allow independent entrepreneurs to open ...
CFPB late fee lawsuit moved back to DC court
This round of jurisdictional ping pong goes to the CFPB. A federal judge in Texas has bounced a lawsuit challenging the consumer protection agency’s credit card late fees cap ...
Insane growth at credit unions could be a killer
One thing I am always open to is admitting when I am wrong. As I’ve gotten older and matured as a leader, I’ve had to look back at ...
Remember to link credit union vision to action
Memorial Day is a great summer kick-off celebration for so many families. And rightfully so…June is just around the corner, the kids are finishing up school and the weather ...
CIP rule should not be amended to allow for partial SSN collection
America’s Credit Unions opposes a change to the Customer Identification Program (CIP) rule to allow the partial collection of a social security number (SSN) for identity verification purposes. Credit ...
How to solve the financial close dilemma
The significant increase in entrepreneurial activity following the pandemic has caused a rise in disruptions in markets across all sectors, particularly evidenced by the widespread adoption of new technologies. A ...