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.

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Credit Union CCPA Data Breach NCUA 52

PYMNTS

JULY 31, 2017

Is the credit union market ready for its close-up? In fact, the federally backed National Credit Union Administration (NCUA) reported credit union membership grew by 4.3 million in Q2 of this year alone, with the value of loans held by credit unions now almost at $885 billion.

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Credit Union NCUA P2P Regulations 45

PYMNTS

FEBRUARY 15, 2019

To that end, phishing attacks, more commonly known as business email compromises (BECs), have been aimed at Bank Secrecy Act (BSA) officials at credit unions. Krebs on Security noted that the emails sent to officials at the United States credit unions looked like they were being sent by other BSA officials.

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BSA Credit Union Business Email Compromise Office of the Comptroller of the Currency 49

PYMNTS

SEPTEMBER 21, 2020

And as reported by the International Consortium of Investigative Journalists (ICIJ), which was working in tandem with BuzzFeed and 108 media partners across nearly 90 countries, the suspicious activity totaled more than $2 trillion in transactions as measured between 1999 and 2017. In terms of dollar amounts, Deutsche led the pack at $1.3

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Fincen AML Suspicious Activity Report (SAR) Financial Crimes 139

PYMNTS

FEBRUARY 8, 2019

In a reported phishing campaign that began last month, Bank Secrecy Act (BSA) officials at credit unions in the U.S. The emails, which were sent to each contact with their names, asked the BSA officers to review a PDF file that was attached to the email to review a transaction.

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BSA Phishing NCUA Credit Union 53

PYMNTS

JANUARY 19, 2018

The early bird catches the worm — and credit unions (CUs) are no exception. Recently passed legislation and bills still in the works could rewrite major aspects of the credit union world, and CUs have now taken to Congress to ensure their voices are heard. Around the Credit Union Landscape. Nevada Sen.

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