Vendor management

The New Jersey-based credit union aims to increase its technological offerings as a result of the conversion.

Executives can't adequately protect members if they aren't familiar with current auditing standards.

The credit union in San Diego expects to increase its efficiency and add products and services once the switch is complete.

Trade groups are calling on Congress to further delay NCUA's risk-based capital rule and extending a helping hand to red-state Democrats in tough reelection battles.

In hundreds of cases, the prepaid card program run by the bank allegedly sent users’ funds to fraudsters who had stolen their data. The security lapse has now caught the attention of the Democratic senator.

Analysts are split on whether cyber threats have evolved enough for lawmakers to finally grant the National Credit Union Administration third-party vendor oversight.

The trade group says credit unions will have access to a variety of state and federal resources.

National Credit Union Administration Chairman Mark McWatters called on lawmakers to further expand field-of-membership options for CUs and to permit the regulator to oversee third-party vendors, including fintech partners.

A dozen additional credit unions have signed on with the service to help review vendor contracts in order to improve efficiencies and cut costs.

The $1.1 billion-asset credit union will move to Fiserv's DNA platform while implementing other services from the technology provider.