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STAMFORD, Conn. - IDS is RIP, or will be soon. That's the word from a leading think firm which declares that intrusion-detection systems and their successors, intrusion-prevention systems, are hyped-up market failures that may soon prove to be a waste of time, money, and perhaps worse if they fail to...

BEAVERTON, Ore. - With bank attacks on the increase and credit unions facing the possibility of taxation, the Credit Union Association of Oregon's Board of Directors voted and approved an official Statement of Unity demonstrating Oregon credit unions' commitment to a united front. By signing the statement, the board said...

WASHINGTON-Republicans running for reelection to the U.S. Congress received the highest political action committee contributions from CUNA last month, according to data from the Federal Election Commission. Senate Banking Committee Chairman Richard Shelby (R-Ala.) received $5,950.05 from CUNA's Credit Union Legislative Action Council between campaign contributions and an event held...

ROCHESTER, N.Y. - The Summit Federal Credit Union and Buffalo Telephone Employees Credit Union announced plans to merge effective October 1. "Our combined resources make us the largest single credit union in the Buffalo area and will provide a great impetus for future growth,'' said The Summit FCU President/CEO Michael...

NASHVILLE - Frank Abagnale knows fraud and what he sees going on with identity theft amazes him. "It truly is the simplest crime that I have come across in my entire career, and I've been on both sides of the law. Any one can become you," said Abagnale. Some 750,000...

MADISON, Wis. - CUNA's Madison operations has a new PR staffer. Katye Long is making the jump from food to credit unions. Long's last job was at the Madison, Wis.-based Whole Foods Market where she served as marketing/ community relations director. She will handle PR and corporate communications for CUNA's...

SACRAMENTO, Calif. - As he promised to do, Gov. Gray Davis signed Calfiornia's historic privacy bill in to law, giving California consumers the right to block banks, insurance companies and other financial institutions from sharing most of their personal information. SB 1, the California Financial Information Privacy Act by Sen....

MIDDLETOWN, Pa. - Mid-Atlantic Corporate FCU has teamed with Coast to Coast Financial Services Inc. (CTCFS) to launch a new product to help its members comply with the USA Patriot Act. CTCFS will provide authentication of individuals by searching various nationwide public information databases over the Web. "CTCFS uses one...