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Articles Tagged with 'institutions'
The ABCs of APT
May 18, 2013
Every system on your network should act as your ‘eyes and ears.’
Nonresident Alien Reporting
December 21, 2012
The rule goes into effect just weeks from now, on Jan. 1, 2013.
Internet Banking: What Do Consumers Want?
October 09, 2012
Internet banking has come a long way since first-generation solutions were introduced in the 1990s.
The 10 Fee Commandments
September 24, 2012
CUs everywhere are looking for new sources of income.
Insuritas Raises $10 Million in Capital
August 08, 2012
Turn-key insurance agency solution can help CUs boost noninterest income.
Speed is the Key to Beating New Account Fraud
July 03, 2012
It takes financial institutions 151 days, on average, to detect a fraud occurrence.
Financial Services Undergoing ‘Secular Shift’
March 01, 2012
The financial services industry is transitioning from a high-margin business to a low-margin undertaking.
Five Things to Consider Before Moving to the Cloud
September 23, 2011
Several needs are fueling the increased interest in cloud-based computing and communications.
Fed Establishes New Office
November 05, 2010
The office will develop and coordinate staff efforts to identify and analyze potential risks to the financial system and the broader economy.
SHAZAM, Atris Announce FlexATM Certification
October 15, 2010
The joint participation between both organizations ensures SHAZAM participants will enjoy the customer service benefits of online processing, yet maintain familiar reconciliation procedures.
Credit Union Magazine
March 2014 digital edition
A New Payments Paradigm
Prepare for the End of Gridlock
Solving the Fannie and Freddie Puzzle
At Freedom First CU, People 'Bank for Good'
Many Consumers Burdened by 'Debito'
Mobile banking has come a long way. But I have to wonder why credit unions are not using their mobile platform for marketing purposes? I've asked many of my clients this question and the answer I hear most often is that their mobile platform provider hasn't developed that functionality yet. Are we missing BIG opportunities here?
This is a great list, but falls short. Consider the myriad of other risks that can bring the credit union to its knees: Technology risks including viruses, trojans, data breaches and other forms of security compromises. People risks, including disgruntled employees, social engineering attempts, social unrest, prison breakout, social media entries that also affect the mentioned reputational risk. Environmental risks, which could include derailed or overturned chemical tankers,blizzards, hurricanes, tornados, sink holes (save the Corvettes!), earthquakes, mudslides, forest fires. Leaders always need to be asking themselves, "What could stop us from performing our mission?" A solid crisis management organization, coupled with a realistic, exercised business continuity plan is vital to ensure continued operations.
Cash America self reported the Ohio collections robo signing incident which was a violation of company policy. An outside investigation was conducted and findings were reported to the state and CFPB. Customers were refunded money due the company before any federal or state action was announced.
This important article managed to engage & inform in a few short minutes. Kudos, CU Magazine!
This is such a great example of credit unions giving back. The key with Complex Community is that they don't just do these acts of kindness just to do them. They are a part of their culture (as you noted). Before starting a similar program, other credit unions should do a deep dive into their culture and then match their program to who they are.
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Say: Who should be Credit Union Magazine's 2014 CU Hero of the Year?
William Armstrong, Northeast Community CU
Dan Morrisey, Queen of Peace Arlington FCU
William Rissel, Fort Knox FCU
Joni Senkpeil, Illinois CU System
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