News

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...

HARRISBURG, Pa. - eCU Technologies has provided consulting services to five more credit unions in the past few months, according to the tech CUSO for Pennsylvania State Employees Credit Union. They are $1.6 billion MacDill FCU in Tampa, Fla.; $861 million Newport News Shipbuilding Employees' CU in Virginia; $531 million...

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...

AUCKLAND, New Zealand - "Debt is profitable. How much marketing do you see coming from mainstream banks that encourage savings? Their advertising hammers home loans and financing options, not thrift. When you have profit driven shareholders to satisfy, the value of thrift falls by the wayside." With these words Doug...

LAS VEGAS - From rising violations of the Bank Secrecy Act to false "rumors" about a slowdown in community charter approvals, credit union executives assembled here for the NAFCU conference heard an array of admonitions and assurances from a trio of NCUA regional directors. Providing the "NCUA Update," as the...