PSCU News Archives

How to prepare for cybersecurity in 2020

How to prepare for cybersecurity in 2020

2020 promises to be another banner year for cyberattacks on U.S. organizations. The growing threat of attacks in 2019 and recent years drives home the fact that hackers will use any option at their [...]

Identifying and preventing elder abuse

Identifying and preventing elder abuse

According to the National Adult Protective Services Association (NAPSA), one in 20 seniors has indicated some form of perceived financial mistreatment. With criminals abandoning more traditional types of crime and turning to cyber crime, financial [...]

Can outsourcing increase your operational risk?

Can outsourcing increase your operational risk?

Ransomware attacks are in the news daily. This malicious software is becoming an increasing threat to financial services, as the number of managed service providers (MSPs) falling victim to ransomware attacks is mounting. Unfortunately, as [...]

Looking ahead to AI in the credit union environment

Looking ahead to AI in the credit union environment

Artificial Intelligence (AI) continues to infiltrate the financial world. I recently attended the 2019 BankAI conference, hosted by American Banker, which explored how AI is being deployed in banking today with efforts such as talent [...]

Why free checking still pays off for credit unions

Why free checking still pays off for credit unions

One of the biggest competitive differentiators credit unions can leverage against big banks and fintech “challenger” banks is not a new product type or techy: it’s free checking! In 2017, 74.9% of credit [...]

Eye on payments 2019: Convenience trumps security

Eye on payments 2019: Convenience trumps security

For the second year in a row, PSCU set out to uncover payment preferences among credit union members and other financial institution customers (“non-members”), and we saw some interesting shifts in results over the past [...]