News

COLUMBIA, S.C. - While it's hard to pin a dollar amount on the savings credit unions enjoy after adopting paperless receipt systems, those that have jumped on the bandwagon, and the core processors serving them, agree the time has come. "We certainly see a growing interest in receipt imaging. It's...

Pat Brownell has spent almost the past decade working as executive director of the National Credit Union Foundation. She has led the foundation through its maturation and been the force behind the launching of several major NCUF initiatives. As her announced departure date by the end of the year inches...

APTOS, Calif. - Pratt & Associates, a consulting practice specializing in check/deposit account fraud, has launched Fraud Advisor.net. Designed in a self-help format, the online service includes access to such information as current fraud schemes, briefings on emerging fraud issues, fraud detection/prevention training and its own "best prevention practices". For...

AUGUSTA, Maine - Despite stereotypes to the contrary, internal auditors do not take pleasure in finding violations at their credit unions. "Probably one of the common misconceptions about internal auditors is that we are just looking for what is being done incorrectly," said Maine State Employees' Credit Union Internal Auditor...

TAMPA, Fla. - CastleGarde, an information security consulting firm and Miami-based accounting firm Orth, Chakler, Murname & Company have teamed up to help credit unions comply with the NCUA's new Guidelines for Safeguarding Member Information. The guidelines, which took effect concurrently with the new privacy rule on July 1, require...

Unfortunately when tragedy strikes not only the compassionate and generous come out of the woodwork. From e-mails disguised as a message of peace that turns out to be a virus, to fake charities, criminals are ready to take advantage of the tragedy of September 11. Listed below are a few...

DENVER - Attorney General Ken Salazar and the American Association of Retired Persons have joined forces to help protect the elderly from con artists. According to Salazar, nationally last year alone elderly victims lost $40 billion to con artists. "The mission is simple: to ensure that no senior is left...

LITTLETON, Mass.- To help identify or apprehend the persons responsible for terrorist acts in New York City, Washington and Pennsylvania, Viisage Technology, Inc. a biometric face-recognition/identification provider, has offered the FBI free use of its technology. ``It is clear that the use of face-recognition technology can make a real difference...