News

CAMBRIDGE, Mass. - The top three IT security threats facing today's plugged-in organization, including credit unions, are probably viruses and worms, followed by employees acting in unauthorized ways, and failure to comply with regulations. That's from Forrester Research's January survey of 200 technology decision-makers at North American firms of all...

NEEDHAM, Mass. - After years of pure cost cutting, many U.S. credit unions and banks are gearing their IT budgets toward sustainable operational efficiency, a strategic objective that will help fuel robust IT spending growth. That's the assessment of TowerGroup senior analyst Virginia Garcia, who projects $5 billion more in...

CAMBRIDGE, Mass. - The Internet is losing some of its allure as a way to do business in the face of continuing attacks by identity thieves and hackers of all stripes. Rebuilding that trust is going to require aggressive protection of accounts and identifying information, according to a new report...

SPOKANE, Wash. - Puedo cualificar para una hipoteca? That's Spanish for "can I qualify for a mortgage" and it's a question that SharperLending LLC hopes to help its 17,000 client lenders, including credit unions and banks, answer. SharperLending provides Web-based bundling for ordering, storing and managing mortgage products from initial...

SEATTLE - What's in a name? A lot, actually, when you're trying to make sense of the thousands of entries compiled each day by the software keeping track of who's coming and going on your Internet site. That was the biggest challenge faced by Ken Kinloch and his colleagues at...

TAMPA, Fla. - Rick Woods got the word he was moving to Tampa in a most unusual way - he'd been traded. Woods, now senior vice president of sales and a partner in CastleGarde, a Tampa-based credit union IT security services provider, was a pro football player in 1987, a...

SCHAUMBURG, Ill. - If your membership is as tech savvy as Motorola Employees CU's is, you have to find new tech savvy ways to serve them. In late 2003 the $485 million MECU decided to give its members the ability to move money in and out of their credit union...

The MBL rule was a hot topic of NCUA's April board meeting. See page 10.