april 2022

Featured Story

Kronos Cyber Attack Sparks Lawsuits Against Employers

Courtesy of Zack Needles, Credit Union Times Like malware and computer viruses themselves, the consequences of cyberbreaches have a way of spreading in unpredictable ways. A recent ransomware attack on...

Ballot Proposal Would Cap ‘Predatory’ Interest Rates for Payday Loans

Courtesy of By Samuel J. Robinson, MLive.com A ballot committee is working to put a question on the November ballot that would stop payday lenders from charging “predatory” interest rates...

In the News: Former CEO Wants Members To Vote ‘No’

Courtesy of Ray Birch, CUToday.info The group opposing the merger of the $1.088-billion Vermont State Employees Credit Union—including its former CEO–with $1.94-billion New England FCU remains committed to blocking the...

OPINION: Why Multi-Factor Authentication Isn’t as Secure as Financial Institutions Think

Courtesy of Matthew Gracey-McMinn, Payments Journal “We would like to text or call you with a code.” That familiar phrase usually means multi-factor authentication (MFA) is in play. It’s an...

NCUA Board Member Rodney E. Hood’s Remarks at the Emerging Markets Coalition

Regulation is vitally important for the safety, soundness, and integrity of the financial system, and to ensure consumer protection and public confidence. Regulatory reform is perfectly consonant with those goals;...

Learn how to “Spot the Bot”

Last week the Cybersecurity and Infrastructure Security Agency published a quick guide on ID-ing Social Media Bots; automated programs that simulate human engagement on social media platforms. Social Media Bots use...

Do All Financial Institutions Have A Role To Play In Combating Climate Change?

Courtesy of Henry Meier, Esq., SVP, General Counsel, New York Credit Union Association Of course they do, but that’s not the appropriate question that regulators should be asking themselves. The...