News

PARIS - In his relentless effort to help the have-less of the world, Arthur Arnold, CEO of the World Council of Credit Unions (WOCCU), opened the Fifth International Leadership Conference in the City of Lights. The conference was titled "A World Without Borders." There are now 6 billion "have-less" in...

REDMOND, Wash. - Security of electronic documents is on the minds of CU leaders everywhere. Recently, NetUPDATE, Inc., a software and services provider for the financial services sector, has acquired Seattle-based DocuTouch Corporation, a leader in document management and digital signatures. With the DocuTouch addition, NetUPDATE will support the ability...

NEW YORK - As the Fed is leaning toward "traditional e-mail" for financials to use in communicating with members/customers, a recently-released American Banker survey showed bank e-mail responses are usually too generic, or too late. In an admittedly informal survey, an American Banker reporter sent this basic question, "Do your...

NEW YORK - Wow. Credit unions are a force to be reckoned with online according to a recently-released Bank Technology News online banking report. Bank Technology News ranked the top 123 financial institutions in terms of number of online users -sixty of which were credit unions. The top 25 institutions...

PARIS - Laughter echoed through the dining room of the Meridien Hotel in Montparnasse when writer, British television personality and cricket wife Francis Edmonds gave a motivational speech. She cited credit unions as doing great work, helping people to help themselves, but she also drove home some core values. Edmonds...

PARIS - If the new technology has created opportunities it has also created legal problems and affected the way credit unions and all businesses operate. Because the Internet knows no borders, things like trademark issues can become major problems, said Eugenia Carter, an attorney with LaFollette, Godfrey and Kahn who...

The Code Red worm has snarled traffic on the Internet and in other networks by infiltrating hundreds of thousands of servers. How did it accomplish that? Here's an explanation from Rick Fleming, vice president of security operations at Digital Defense Inc. in San Antonio, Texas: "The Code Red worm works...

COLUMBIA, S. C. - The Internet has made inexpensive investing available to anyone with a computer and modem, and numerous competitors, new and old, are now vying for the business of increasingly Web-savvy credit union members. Retaining those members, their loyalty, and their assets may be increasingly challenging in such...