Financial experts and policy advisers serving nine European Union countries visited Clackamas Federal Credit Union as part of a multicity fact finding tour of U.S. financial markets. The delegation wanted to explore the differences between banks and credit unions and how credit unions navigated the global financial crisis.
The trades last week came out against principal forgiveness, an idea floated by Federal Housing Finance Agency Director Edward DeMarco. Political observers, however, noted that he has long been opposed to debt forgiveness and may be simply responding to consistent pressure from the Democratic Party.
Some thoughts on strategic defaults, remote deposit capture and even Greece.
In most organizations today, there is sensitive data that is overexposed and vulnerable to misuse or theft, leaving IT in an ongoing race to prevent data loss. Packet sniffers, firewalls, virus scanners and spam filters are doing a good job securing the borders, but what about insider threats?
DLP solutions can fail to fully protect critical data because they focus on symptomatic, perimeter-level solutions to a much deeper problem – users with inappropriate or excessive rights to sensitive information.
The only certainty in 2012 is the uncertainty stemming from the financial challenges in the European Union, which are very likely to impact the U.S. banking system.
Year-round residents in Florida and some other warm weather destinations have mixed emotions when snowbirds, including many Canadians, return.
The Texas Credit Union League has hired Tom Haider, a St. Paul consultant and former top compliance officer for MoneyGram International Inc.
World Council of Credit Unions President/CEO Pete Crear sat down with Credit Union Times Editor-in-Chief Sarah Snell Cooke just prior to flying off for his association’s last annual conference before his retirement. While Crear was shy about naming a date for his departure, he did share his thoughts with us...
The Ohio Credit Union League and the World Council of Credit Unions have committed to helping a small Romanian group take on the task of modernizing that country’s credit union system.