Vendor management

Some contracts are not "adequately" defining which party — the bank or the vendor — is responsible for managing risks, the agency said.

BrightWise is a joint venture among the Iowa CU League, its holding company and LMG Security. The initiative aims to teach credit union professionals how to better protect their institutions.

The league will work with Quatrro Processing Service to provide member credit unions with access to emerging technologies to combat fraud.

A security breach that left 24 million mortgage documents unprotected on a server is rekindling concerns about the risks posed by fourth parties.

As major vendors consolidate, financial institutions should be looking to adopt emerging technologies, rather than relying solely on legacy firms to provide services.

As major vendors consolidate, financial institutions should be looking to adopt emerging technologies, rather than relying solely on legacy firms to provide services.

The $126 million-asset credit union selected the new core platform in order to increase automation and cut down on "busy work" for employees.

More acquainted with the quick decision-making style of the banking world, the comptroller of the currency found a policymaking environment in D.C. that moves at a slower pace.

A new partnership from one of Silicon Valley’s biggest credit unions aims to offer additional lifestyle perks to members.

Credit unions are well positioned to serve small businesses, but they'll lose that opportunity if they're not adequately protecting those members' cash flow.

The credit union hsa been a Sharetec client for five years but was stuck in a contract that left it unable to convert until now.

The Atlanta-based technology provider has added five new CUs this year as it expands its suite of product offerings.

Jelena McWilliams has signaled a thaw in the agency’s approach to industrial loan companies, but she said tech firms and other nonbanks seeking charters should face the same level of regulatory scrutiny as more traditional banks.

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.