Fintech Labs Insights

FEBRUARY 13, 2025

There are also thousands of community banks and credit unions to choose from as well. However, when it comes to trusting someone with your money, many small business owners prefer to deal with companies embedded in the local economy, even if it means not getting the latest online banking features or the best interest rate.

Small Business 15

Small Business Credit Cards Federal Reserve Online and Mobile Banking 15

Fintech Labs Insights

FEBRUARY 20, 2025

Related: Top 8 Conferences for Fintech & Financial Institution Developers & CTOs in 2025 The 14 Biggest Conferences & Events for Lending, Mortgage & LendTech in 2025 Top 25 Credit Union Conferences, Events and Trade Shows in 2025 . > Please contact us to add your event. > Please contact us to add your event.

NOV 12

NOV FinTech Credit Union Fed 12

PYMNTS

JANUARY 30, 2020

Still, many are now integrating such technology for added fraud protection and cybersecurity. Cloud computing could bring many benefits, but credit unions must keep cybersecurity top of mind when integrating with it. Credit unions cannot simply store their data in private clouds because their members need access.

Credit Union 80

Credit Union Cybersecurity Security Data Security 80

Payments Next

FEBRUARY 23, 2024

By Douglas Hall, Founder & CEO, EQUE 2023 proved challenging for US credit unions. As the economic landscape shifted, these financial institutions The post Facing Challenges: Credit Unions Struggle with Earnings first appeared on Payments NEXT.

Credit Union 88

Credit Union Posting Payments Credit Cards 88

Finextra

FEBRUARY 17, 2025

2024 was rough; why should 2025 be any different? This question lingers among community banks and cr.

Community Banks 112

Community Banks Credit Union Cybersecurity 112

PYMNTS

MARCH 10, 2017

While credit unions and banks are tasked with protecting payment information, small businesses should also be playing their part in that cybersecurity effort, said one credit union executive. His commentary comes as federal lawmakers struggle to define a path for data security legislation. “The

Credit Union 43

Credit Union Cybersecurity GLBA Small Business 43

Finovate

JULY 18, 2024

Credit union solutions: What’s different about this landscape? Managing Director at TruStage Ventures Sam Das discussed the unique challenges that confront credit unions today – from membership retention to cybersecurity.

Credit Union 59

Credit Union Community Banks Fraud Prevention Cybersecurity 59

PYMNTS

MARCH 2, 2020

Good thing people don’t feel that way about credit unions (CUs). Seems that everybody likes credit unions—including cybercrooks. Seems that everybody likes credit unions—including cybercrooks. Quite the opposite, actually. million individual and business members in 2019. The Trust Factor. CU in Court.

Credit Union 52

Credit Union Credit Union Service Organization NCUA CCPA 52

PYMNTS

APRIL 4, 2019

Credit union (CU) associations and service providers are pushing for the adoption of technology to help with security and compliance. In retail, Western Union has teamed up with Dollar General to let customers initiate money transfers digitally and pay in person at the merchant’s stores. as of December 2018.

Credit Union 46

Credit Union Cybersecurity Technology Compliance 46

PYMNTS

FEBRUARY 28, 2020

Credit unions’ emphasis on member relationships is one of the main factors that distinguishes them from large banks and FinTechs. Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. Data Breaches Within And Without.

Credit Union 52

Credit Union CCPA Data Breach NCUA 52

Finovate

AUGUST 5, 2024

Digital banking Missouri Central Credit Union partners with Bankjoy to enhance its digital banking capabilities. Cybersecurity Fingerprint Cards appoints David Eastaugh as Chief Strategy and Technology Officer. Wealth management Financial advisor platform Savvy Wealth secures $26.5 million in Series A funding.

FinTech 111

FinTech Credit Union Advisors Cybersecurity 111

PYMNTS

APRIL 3, 2019

Cybersecurity is more important than ever for credit unions (CUs), but keeping up with compliance and the latest best practices can be a challenge. This month’s Credit Union Tracker explores these new security initiatives, and other new developments in the space. Around the Credit Union World.

Credit Union 46

Credit Union Best Practices Procedures SWIFT 46

PYMNTS

OCTOBER 12, 2018

billion: The projected size of the global banking cybersecurity market by 2026. 100 million: The number of members that credit unions represent in the United States. Data: $248.26 85 percent: The percentage of gig workers who would work more often if paid faster.

Cybersecurity 61

Cybersecurity Credit Union Authentication Data Security 61

PYMNTS

FEBRUARY 11, 2020

The credit union service organization (CUSO) said it blocked cybercriminals at several channel intersections, including at the point of sale, at its contact centers and other avenues. PSCU has prevented over $277 million in would-be fraud last year, 30 percent more than in 2018.

Credit Union 56

Credit Union Credit Union Service Organization Blocks Bots 56

Finovate

JULY 17, 2024

Percent Best Anti-Fraud/AML Solution Credit Union of Colorado ING Turkiye JP Morgan AWM Mastercard Worldpay Best Back-Office/Core Services Solution FINBOA LoanPro Mastercard Cybersecurity Mitek Systems Taktile Zafin Best Banking-as-a-Service Provider B4B Payments Colendi Grasshopper Bank North Bay Credit Union Pathward, N.A.

Credit Union 122

Credit Union Visa AI Embedded Finance 122

FICO

MARCH 21, 2017

The greatest risk to credit unions and CUSOs today is the loss of your members’ trust and financial safety. And now, our cyber score has been selected as one of 5 big ideas to be presented at the National Association of Credit Union Service Organizations (NACUSO) 2017 Network Conference "Next Big Idea Competition.".

Credit Union 45

Credit Union Credit Union Service Organization Breach Risk 45

Finovate

APRIL 1, 2024

If there is one area where AI is making a massive impact in financial services, that area is cybersecurity. The Treasury research team interviewed companies of all sizes, from “systemically important” international financial firms to regional banks and credit unions. A recent report from the U.S.

Treasury 64

Treasury Cybersecurity AI Risk 64

PYMNTS

NOVEMBER 25, 2019

Credit unions (CUs) are unique among financial institutions (FIs) for the sense of loyalty they inspire among their members. PYMNTS’ Credit Union Innovation Index found that 65 percent of such members chose their CUs because they trusted them, for example, with 60.8 Developments From Around the World of Credit Unions.

Credit Union 61

Credit Union Cybersecurity Credit Union Service Organization Fincen 61

PYMNTS

SEPTEMBER 29, 2020

FinCEN is focused on various kinds of cyber threats and cybersecurity, Blanco said. Credit unions accounted for 17 percent, while the Money Service Business (MSB) industry accounted for 5 percent. The agency has seen 91,000 suspicious activity reports related to COVID-19 or the pandemic between Feb. 1 and Sept. 12, Blanco said.

Fincen 103

Fincen AML Money Laundering Scams 103

Finovate

JULY 22, 2024

Cybersecurity BBVA inks agreement with Telefónica Tech; opens international cybersecurity center in Mexico. Credit unions Black Hills Federal Credit Union ($2.3 The week begins as banks, fintechs, and financial services companies alike work to recover from Friday’s historic IT outage.

FinTech 64

FinTech Credit Union Cybersecurity Verification 64

PYMNTS

OCTOBER 29, 2020

FIs are working to help their cardholders better evade eSkimming attacks and reduce their risks when shopping online.

Credit Union 49

Credit Union Consumer Point-of-Sale (POS) Compromise 49

VISTA InfoSec

OCTOBER 21, 2024

As a trusted name in cybersecurity and compliance (since 2004), we offer tailored solutions to help financial institutions navigate the complexities of DORA. Achieving full compliance with DORA’s regulatory requirements can be a complex and resource-intensive process.

Compliance 182

Compliance Third-Party Service Provider Risk Assessment Audit 182

PYMNTS

MARCH 30, 2020

As COVID-19, the disease caused by the coronavirus , ravages the economy, and millions of Americans shelter in place to figure out their next financial moves amid layoffs and volatile markets, credit unions (CUs) have a role to play — particularly in the battle against fraudsters who would prey upon CU members at this most vulnerable moment.

Credit Union 57

Credit Union Credit Union Service Organization Privacy Cybersecurity 57

The Finance Weekly

SEPTEMBER 23, 2021

Cybersecurity. Customers entrust confidential information to financial service providers such as banks, brokerage firms, and credit unions. The urge to strengthen security processes and , implement cybersecurity measures is increasing as a result of these inherent hazards.

Risk Assessment 130

Risk Assessment Cross-Border AI Automation 130

PYMNTS

MARCH 6, 2019

In the March Credit Union Tracker , PYMNTS explores how credit unions (CUs) and credit union service organizations (CUSOs) are working to cater to the unique financial needs of their members, while also focusing on continually combating fraud. Around the Credit Union Landscape.

Shutdown 53

Shutdown Government Governance Credit Union 53

PYMNTS

APRIL 23, 2020

“As credit unions help their members manage through the current COVID-19 crisis, it’s more important than ever for CUSOs like PSCU to partner with credit unions to help them and their members weather the storm of uncertainty,” PSCU EVP and Chief Operating Officer Tom Gandre told PYMNTS.

Credit Union 63

Credit Union Credit Union Service Organization Business Continuity Fraud Detection 63

Fintech News

MAY 20, 2024

Cyber Crimes, Cybersecurity, and Fintech Panel Event May 23, 2024, 12:00 CEST On May 23, 2024, at 12:00 CEST, a panel event titled “Cyber Crimes, Cybersecurity, and Fintech” will be hosted by Peirce College.

FinTech 136

FinTech Embedded Finance BNPL On-Demand 136

PYMNTS

JUNE 19, 2019

In the competitive financial industry, credit unions (CUs) remain popular banking options, with a recent CUNA Mutual Group report estimating that 324,000 consumers joined CUs in March 2019. Developments around the Credit Union World. For more on these and other credit union news items, download this month’s Tracker.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Credit Union Credit Cards Online and Mobile Banking 52

PYMNTS

SEPTEMBER 30, 2018

Called Sheltered Harbor, the project currently includes banks and credit unions holding between them about 400 million U.S. Sources have reported that some large U.S. banks have seen a boost in attempted cyberattacks in recent weeks.

FS-ISAC 74

FS-ISAC Credit Union Cybersecurity ATM 74

The Fintech Times

DECEMBER 10, 2023

“The proposed rule is aimed at levelling up the playing field and represents a formidable opportunity for smaller banks and credit unions. As open banking spreads, the cybersecurity landscape will drastically expand. That will be a huge boost, and I believe the market is willing.

Payment APIs and Integration 124

Payment APIs and Integration Credit Union API Privacy 124

PYMNTS

MARCH 15, 2019

Protecting Credit Union Members from P2P Fraud. The Digital Fraud Tracker , powered by DataVisor , offers a monthly look at the latest data, news and trends surrounding fraud and cybersecurity. Not even P2P services like Zelle are immune to fraud. About the Tracker.

P2P 61

P2P Zelle Credit Union Real Time Payments 61

PYMNTS

APRIL 2, 2020

Data analytics has many purposes in the banking industry, ranging from improving cybersecurity to reducing customer churn. Santa Rosa, California-based Redwood Credit Union, for example, found that social data was particularly important when offering auto loans. What is Data Analytics?

Credit Union 94

Credit Union Risk Risk Assessment Assessments 94

PYMNTS

JULY 21, 2020

Cybercrime is a constant concern for banks, credit unions and other financial institutions (FIs), with more than 25 percent of all malware attacks targeting the financial industry specifically. For more on these and other financial crime news items, download this month’s Playbook. billion pounds ($5.2

Crime 66

Crime Financial Crimes FBI Cybersecurity 66

PYMNTS

JANUARY 31, 2018

Following a malware attack that allowed “unauthorized parties” to access customer credit card information, off-price retailer National Stores is seeking to prevent fraudulent activity and improve the security of its point-of-sale (POS) systems, the company said in an announcement. “We

Point-of-Sale (POS) 55

Point-of-Sale (POS) Payments Data Cybersecurity Breach 55

PYMNTS

JANUARY 6, 2021

But [open banking] also comes with risks and challenges, and you’ve got to know what you’re doing" — whether that means being on guard with cybersecurity, compliance considerations or scalability. That’s the new thing that's important, and I think it fits right into the wheelhouse of the new digital-first paradigm.”.

Continuity 127

Continuity Innovation Credit Union Underserved 127

Finovate

SEPTEMBER 19, 2024

CSI will integrate Velocity’s solutions that drive revenue, service, and compliance for community banks and credit unions into its existing offerings. Velocity Solutions was founded in 1995 to offer tools that help drive revenue, service, and compliance for community banks and credit unions.

Acquirers 59

Acquirers Credit Union Community Banks Non-Bank 59

Fintech Finance

DECEMBER 9, 2024

Director, Payments and Cybersecurity at Toshiba Global Commerce Solutions Smitha Purohit, Director of Product, Blockchain, Crypto, and Digital Currencies at PayPal Stacy Armijo, Chief Experience Officer at Amplify Credit Union Stephanos Papadopoulos, Founder & Chief Executive Officer at Spatzia.eu

Office of the Comptroller of the Currency 95

Office of the Comptroller of the Currency Financial Crimes BSA Cross-Border Payments 95