Researchers find an upgrade flaw in U.S. chip-based cards that allows hackers to rewrite the magstripe code.

This weeks People news includes new hires and promotions at 11 credit unions across the nation.

Mainly due to its underperforming taxi medallion loan portfolio, Melrose posts a net loss of $57M.

Six small and large New York credit unions and their members were victimized in a $100,000 social media check fraud scheme.