While credit union leaders are ever vigilant of the latest in fraud activity to keep their institutions safe, synthetic identity fraud is an area that’s tricky for many to detect. It helps fraudsters navigate [...]
The dark web is a mysterious world most don’t know much about. The internet is vast and much of it public or accessible with a simple password, contrary to common understanding. The dark web [...]
The holiday season is in full force. And while this time of year brings more business opportunities for credit unions, it also brings more risks. Member scams, transaction risks, and loan application fraud attempts all [...]
In Part 2 of this series, we talked about establishing an information security policy, business continuity plan, and incident response plan. Here, we’re going to talk about the third and final point on your [...]
On October 16, 2019, the Financial Accounting Standards Board approved the change in the adoption dates for several standards including CECL. This extension means more time for your credit union to gather important data. At [...]
Your work force may include a number of employees who are not taking full advantage of your retirement plan and are at risk of not having enough savings to retire comfortably. How can plan sponsors [...]
The Dark Web is a shadowy part of the internet where criminals plot their activity. This hidden area of the web is widely misunderstood, however. In this podcast we will explore the structure of the [...]
The recent Door Dash breach impacted 4.9 million consumers—a powerful reminder that our members’ data is at risk of exposure at any given moment. Criminals often leverage information stolen from a data breach [...]
Global payments include a wide range of channels with lightning-speed innovation, primarily coming from outside the banking world. Credit unions, however, must accommodate cardholders demanding convenience, security, and rapid-fire results. Yet, legacy systems are holding [...]
In Part 1 of this series, we outlined what exactly constitutes a data breach, and the first of three important ways to protect your credit union. For a thorough and successful protection plan, the second [...]
Credit union loan participations have increased by 61% between 2014 and 2017 as a percentage of their total outstanding loan portfolios. Listen in to understand the landscape of modern loan participations and how to evaluate [...]
Think about the last product or service you bought. What drove your decision? If a combination of price, speed, and simplicity was the key—with a heavy emphasis on the simple—you’re in good [...]
As credit unions continue to seek ways to increase their member count and make capital available to those members, they often overlook a key source of longer-term deposits: IRAs. By taking a generational approach to [...]
Cybersecurity is a vast and technical topic. There’s so much buzz in the market that it can be an intimidating subject to discuss. Understandably, executives tend to delegate discussions on this topic to their [...]
One in four Americans take on student loan debt, and the federal options usually only cover a small portion of the full cost of college. Prime, young members are heading toward a bright future of [...]
