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SBA Promotes Credit Union SMB Lending

PYMNTS

Last month, the Small Business Administration (SBA) and the National Credit Union Administration (NCUA) announced a collaboration that aims to promote credit unions’ participation in the SBA small business lending program, via webinars and training events aimed at broadening the credit union sector’s small business lending efforts.

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Deep Dive: Credit Unions Work To Keep Members’ Data Private

PYMNTS

CUs’ Tools To Secure Member Privacy . credit unions have invested in anti-malware, firewalls and other technologies to protect members’ personal data, but such measures are reactive. Proper data security relies on active detection and anticipation of future threats rather than static defenses that cannot meet evolving security needs.

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Report: Data Key To Credit Union Member Retention

PYMNTS

percent, it was only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payments technology. While the PYMNTS study found loyalty programs are members’ most popular desire at 49.1 CUs are facing more scrutiny in the U.S.,