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Friday, March 6, 2015
California Considers Bill Setting Virtual Currency Guidelines
A bill has been introduced in the California Assembly that would set rules around digital currencies like Bitcoin.
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Roughly 12.7 million Americans were hit with identity fraud in 2014, a 3% drop from a year earlier, while losses tied to that fraud fell 11% to $16 billion, said the study, which was released by Javelin Strategy & Research. more »
ANACONDA, Mont. — Southwest Montana Community Federal Credit Union is the latest to sign with Member Driven Technologies, and plans to convert its core processing to Symitar Episys via the CUSO's solution in early 2016. more »
WASHINGTON — President Obama on Wednesday formally signed off on the creation of a national intelligence center to share information about cyber threats. more »
AUSTIN, Texas —Some have referred to 2014 as "The Year of the Breach," but we could be headed for "The Decade of the Breach," if all the stakeholders, including financial institutions and their regulators, don't speed up their efforts to head off mounting security threats. more »
FARMINGTON HILLS, Mich. — Member Driven Technologies has completed its first two conversions of 2015, as one CU in Michigan and another in Montana converted their core processing to Symitar Episys via the CUSO's solution. more »
Vladimir Drinkman, a Muscovite charged in the biggest data-breach prosecution in U.S. history, pleaded not guilty to federal charges that he conspired to steal 160 million credit card numbers. more »
Catalyst Corporate Federal Credit Union is leveraging the most romantic holiday on the calendar with its "Capture My Heart" promotion. more »
When it comes to mobile banking technology firm Digital Insight's new replacement for passwords, the "eyes" have it. more »
Temenos, a Geneva-based provider of core banking software to the financial services industry, has acquired Akcelerant, a financial services software company based in Philadelphia. Akcelerant has more than 600 financial services institution clients in North America, most of them credit unions. Its software products support loan origination, account servicing, risk management and collections. … more »
The creation of a new cybersecurity agency is the latest move by the Obama Administration to combat the increasing threat of cyber-attacks. more »
Hackers in several financial services industry data breaches targeted customer-contact information that is often thought of as less sensitive. But crooks can use that data and other bits of stolen info to do great harm. more »
LONGVIEW, Texas — East Texas Professional CU saw member sales increase at the same time average visit times decreased after implementing a new lobby tracking system. more »
EL SEGUNDO, Calif. — Xceed Financial Credit Union announced it has redesigned and updated its website, www.xfcu.org, which features expanded login functions, enhanced product descriptions, and financial education content. more »
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Chicago, IL
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New Orleans
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Don't Bank At Mazuma CU?
This ironic spot from Mazuma CU offers viewers a list of reasons NOT to bank at the credit union.
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