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The credit union has assets of just $56,000, and lost more than $2,000 during the first three quarters of 2016.

A new report from the Filene Research Institute outlines the challenges faced by adults simultaneously caring for aging parents and adult children, and how credit unions can help ease the strain.

Some are replacing legends, others are overseeing major mergers or product launches, and at least one big-bank CEO is on the hot seat. These are the industry executives to keep an eye on in the new year.

Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: KFC's U.K. loyalty program hacked; Standard Bank acquires mobile pay company; mobile pay at a dance contest; Mastercard says 20% of Europeans are unbanked.

Both major brands are accelerating a move away from traditional checkout, and all retailers need to make adjustments for the future.

Pacific Premier Bancorp in Irvine, Calif., has agreed to buy Heritage Oaks Bancorp in Paso Robles, Calif.

Receiving Wide Coverage ...Suspended: Prudential Financial said it suspended sales of its MyTerm life insurance policies through Wells Fargo following allegations that Wells employees wrote policies without customers' permission and withdrew money from their bank accounts to pay the premiums. Many of the victims did not speak English, according to a suit filed by three former Prudential employees, who claim the company tried to hush up the scandal. Prudential said Monday it would reimburse any customers who said they were charged for policies they did not ask for. California and New Jersey insurance investigators are looking into the matter. Wall Street Journal, Financial Times, New York Times, American Banker

One of the big ideas payment technology execs push is the backgrounding of the transaction — often called the "Uberization" because of how well the ride-sharing app Uber accomplishes this feat.

Merchants should check operating systems, since the PC-based operating systems which run most legacy point of sale software have security flaws and are targets for malware.

The payments messaging network Swift has told its client banks that the threat of cyberattacks "is very persistent, adaptive and sophisticated — and it is here to stay."