For the third consecutive year, a 2021 survey of U.S. financial institutions by Wolters Kluwer Compliance Solutions showed greater pessimism about seeing regulatory relief within the next two years. Issues related to data security [...]
By now, most folks who do any banking online have seen warning after warning—often from their financial institution—not to divulge personally identifiable information online (looking at you, Facebook “Answer these 10 questions” quizzes). [...]
Your reputation as a reliable steward of your members’ personal financial information today doesn’t rely solely on your internal data security program—your reputation also relies on any third parties you give access to [...]
Imagine you’re hitting the road to your credit union and a store or three, and in your pocket is just a set of keys and your smartphone. No wallet. No problem.
It might not [...]
The problem with fraud detection for remote services isn’t that humans can’t see red flags when looking at facts about a consumer’s life and finances. The problem is that humans don’t [...]
About midway through 2018, the drastic falloff in auto lending predicted by some auto lending industry analysts—dubbed “carmageddon” by some—hasn’t come to pass. Vehicle sales are still robust, reflecting a slower-than-expected rise [...]