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Banks and credit unions have been making material changes to their overdraft fees and policies with increasing frequency since the middle of 2021. To date, the national banks, large regional banks and a sprinkling of credit unions have led the charge with announcements that make their public relations providers proud.
Federal regulators have been encouraging financial institutions to share information about known cyber incidents for years. Now banks and their third-party service providers have until May 1, 2022, to comply with the new rule requiring prompt regulator notification in the event of a cyber incident. How to Respond When a
Imagine the following conversation: > Customer service representative: “So, is this the right account for you?” New customer: “Yes, sounds great.” Customer service representative: “Excellent. In which case, I suggest signing up for our top-tier, state-of-the-art mobile and online banking technology, which costs just $7.00 per month. You can check
April is Celebrate Diversity Month and we use this time to recognize and honor the diversity surrounding us all. I view diversity as the different groups to which we belong and the identities we assume (i.e. gender, race, ethnicity, sexual orientation, physical and mental abilities, religious beliefs, etc.). But
According to Federal Reserve Chairman Jerome Powell, cyberattacks are one of the greatest risks to our global financial system [https://news.cuna.org/articles/119340-prepare-for-the-next-cyberattack-3-steps] . These risks have only increased as online financial transactions rise. For credit union cybersecurity, this means the effort required to protect member data is increasing
Look around you. At quick glance, you might see a smart thermostat, smart phone, video doorbell or fitness tracker. These things tie you directly, whether knowingly or unknowingly, to the Internet of Things (IoT). But you’re not alone – Cisco estimates there will be an astounding 500 billion devices connected
Vizo Financial is proud to be featured in the Federal Reserve’s new FedNowSM Service Provider Showcase, an online resource designed to connect financial institutions looking to adopt and innovate upon the FedNow Service with service providers offering instant payment solutions. “Vizo Financial is excited to be part of the