News

Outgoing NAFCU Chair Diane Furnas, CEO of Southwest Airlines FCU, slams down the gavel for the last time as NAFCU chair during the opening session. Furnas is succeeded by The Summit FCU CEO Mike Vadala.

ROME, Italy - Delegates from credit unions from the U.S. and around the world will come together for four days this month in Rome for the World Council of Credit Union's 2005 World Credit Union Conference. From July 24-27 conferees will hear from a host of experts in a variety...

LOWELL, Mass. - Message Secure Corp. is now offering its client credit unions and community banks a Web-based reporting console that provides timely access to security and compliance information. Called Compliance Center, it's a core component of the company's VSecurity managed security service that collects critical information generated by the...

CAMBRIDGE, Mass. - Credit unions using a mix of techniques for authenticating employees and members are right with the times. According to a survey of technology decision makers across North America by Forrester Research, password protections remain dominant but there are growing numbers of users of such tactics as digital...

AUCKLAND, New Zealand - Concerned about the lack of savings and the increase in consumer debt, the New Zealand government has announced a work-based savings scheme that will include a kick-start deposit of NZ$1000 (US$675). Called KiwiSaver, the program will be administered by the Inland Revenue Department (IRD) which is...

SAN FRANCISCO - Unauthorized access to proprietary information, including identity theft, has passed denial of service in second place on the list of causes of computer crime losses, according to the 2005 CSI/FBI Computer Crime and Security Survey. Still atop the list? Cleaning up after virus attacks, according to the...