Sebasticook Valley Converts Core to Episys with Aid from Synergent
Increasing concerns about data breaches were among the reasons executives at Sebasticook Valley Federal Credit Union decided to undertake a core conversion along with a network update.   more »
Seven financial trade groups announced Monday that they are banding together to push legislation that would extend bank-like data security standards to retailers and non-bank businesses. more »
Social Security Numbers may as well be the keys to the kingdom where cybercriminals are concerned, making any business that collects that data—including credit unions—a prime target for hackers. more »
Farm Credit Employee FCU in St. Paul, Minn., has chosen Sharetec as its new core system, the company announced in a Tuesday press release. more »
SAN DIEGO – Credit union core processing vendor Corelation, Inc., on Friday said it has signed its 50th credit union to convert to its KeyStone core: $111 million Lone Star CU, Dallas. more »
In an attempt to encourage small businesses and local entrepreneurship, Vermont State Employees Credit Union takes a stake in Green Mountain State equity crowdfunding platform Milk Money L3C. more »
New ranking from Shastic explores how well credit unions are leveraging evolving digital channels, such as mobile banking and social media, which are generally considered to be "must haves" to capture the millennial market. more »
In the past, Anonymous has launched distributed denial of service attacks heavy waves of malicious traffic that can slow a website or shut it down entirely.
The hacktivist group Anonymous, which brought down the Greek central bank's website through a distributed denial of service attack on Tuesday, claims it will be targeting financial organizations around the globe over the next 30 days. more »
CO-OP Financial Services and TMG have commissioned Mercator Advisory Services to study blockchain technology in order to help credit unions decide about using this digital ledger system that provides a distributed list of records including transactional data and sequence. more »
Core data processor CU*Answers announced that University of Toledo Federal Credit Union successfully converted to the CU*BASE data processing system in April. more »
More than 2.5 million contactless reader terminals accept Apple Pay in the U.S. and CEO Cook expects ‘more expansion’ soon. more »
NCino, a vendor of cloud-based banking technology, has added deposit account opening to its platform. more »
United Solutions Company, a technology CUSO that hosts core processing and other tech services for credit unions, on Monday said three credit unions signed contracts to convert to the OnCore XP2 core processing system. more »
Great Rates for Everyone
Pentagon FCU has launched the first ad in a series of ads that will be released over the next two weeks and broadcast in several key markets across the country.