Links in “Credit Unions”
- 10 Biggest Data Breaches of 2014
At least, the 10 biggest so far. Experts warn that there may be other massive data breaches that havenât yet been divulged. [10/6/14]
- Big Brother Alert: FinCEN’s CDD Proposals Go Too Far
Beyond the issue of the cost vs. benefits of FinCEN's proposed customer due diligence expansion is the issue that it would provide state and federal law enforcement unfettered surveillance access to small- and medium-sized businesses in a way that exceeds U.S. corporate law requirements and supersedes congressional authority or mandate. [10/6/14]
- The Lowdown on the âBashâ Software Bug
Do you need to be concerned? Here are the facts about this commonly used piece of code. [10/3/14]
- How to Maximize Success from Pre-Approved Auto Loans
State Employees Credit Union in Raleigh, NC, appears to have discovered the key to a successful pre-approved used auto loan program. Make it easy and convenient for both your member and the dealer. [10/3/14]
- CUNA Issues âStop the Data Breachesâ Alert and Toolkit
CUNA has issued an action alert to âStop the Data Breachesâ along with a resource toolkit that credit unions can use to communicate this message. The multi-media campaign is designed to urge Congress to pass legislation mandating consistent data security standards for merchants. [10/3/14]
- New Leader in Dubious Breach Wars: JPMorgan
First there was Target (40 milion debit and credit cards), then Home Depot (56 million customer payment cards), and now there is JPMorgan Chase, which says contact information for about 76 million households and 7 million small businesses was hacked over the summer. [10/3/14]
- Reissue of the RBC Proposed Rule Was the Right Move
According to former NCUA Chair Dennis Dollar, NCUAâs decision to issue a revised risk-based capital rule proposal indicates that the agency is indeed going to make significant revisions to the current proposed rule and that it was the right move to help ensure that the final rule addresses the safety and soundness concerns of both the industry and the regulator. [10/2/14]
- SBA Extends Fee Relief on 7(a) Veterans Loans
The SBA announced yesterday that it is extending the fee relief for 7(a) loans of $150,000 or less and for SBA Veterans Advantage loans through September 30, 2015. Maria Contreras-Sweet, the SBA Administrator, said that she hopes this extension will encourage more credit unions to engage in small business lending and, particularly, micro-lending. [10/2/14]
- NCUAâs New Economic Update Video Addresses Concern Over Short-Term Rising Interest Rates
Solid second quarter results may be overshadowed by concern over rising interest rates and credit unionsâ ability to adequately address interest rate risk. [10/2/14]
- Cybersecurity Awareness Month
With all the breaches in the news lately, awareness may not be the problem. Nevertheless, here are some resources consumers may find helpful in addressing cybersecurity. [10/2/14]
