A new study reveals while the average cost of a data breach is $3.86 million, “mega breaches” of 1 million to 40 million lost records is much higher, ranging from $40 million to $4,350 million. The study, conducted by IBM Security and...

Would you like to offer credit union members an all-in-one solution that simplifies their lives and saves them time and money? A free webinar on July 26 will help you learn how to attract and retain members. The LifeSteps Wallet mobile app helps...

CO-OP Financial Services has released a new white paper, “Seven Strategies to Accelerate Your Digital Transformation,” providing practical guidance for credit unions positioning themselves for growth in a digital world. “While most financial...

The Consumer Financial Protection Bureau (CFPB) has appointed Brian Johnson as acting deputy director, the agency announced on Monday. Johnson was the Bureau’s principal policy director. “Brian Johnson is the first person I hired at the Bureau and...

The NCUA has published two final rule changes in the Federal Register. These changes involve Field of Membership (FOM) and voluntary mergers. Regarding the FOM rule, the NCUA board is reviving a previously used method, submission of a narrative, to...

Credit Union National Association today launched a free online community for its members. The Member Activation Program (MAP) Community is an open forum where credit union industry professionals can freely discuss advocacy matters affecting credit...