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Matz’ Testimony Creates Turmoil

Posted On: Jul 24, 2015

Testifying before the House Financial Services Committee's Subcommittee on Financial Institutions and Consumer Credit, National Credit Union Administration Chair Debbie Matz told lawmakers that credit unions that have raised questions ...

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Governor Establishes Office of Financial Empowerment

Posted On: Jul 16, 2015

Governor Markell recently signed House Bill 10 into law, codifying a Delaware Office of Financial Empowerment. Once again, Delaware takes its place as the First State in the country to ...

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Stepping Stones Joins FHLB

Posted On: Jul 08, 2015

In a move to strengthen the local community it serves, 3-year-old Stepping Stones Community FCU recently became the second credit union in Delaware to join the Federal Home Loan Bank ...

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CUs May Disclose Breached Merchant Names

Posted On: Jun 18, 2015

MasterCard and Visa have confirmed that, under their network rules, card issuers are allowed to divulge the names of merchants involved in data breaches to their members. This provides the ...

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Data Breach Confirmed by LastPass

Posted On: Jun 18, 2015

LastPass, which provides a service allowing users to centrally manage all their passwords with a single master password, disclosed a breach of its databases. Hackers stole user email addresses and ...

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TRID Rule Delayed until Oct. 1

Posted On: Jun 18, 2015

There will be a delay of the effective date of the CFPB’s Know Before You Owe rule, which includes the Truth-in-Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) ...

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OPM Data Breach & What You Need to Know

Posted On: Jun 12, 2015

Data Breach Exposes 4 Million Gov’t Workers A massive data breach of the federal agency that controls security clearances and employee records could affect at least 4 million current and former ...

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Reps. Carney & Neugebauer Introduce Bipartisan Data Security Bill

Posted On: May 14, 2015

U.S. Representatives John Carney, a Member of the Financial Services Committee, and Randy Neugebauer (R-TX), Chairman of the Financial Institutions and Consumer Credit Subcommittee, recently introduced their bipartisan data security bill ...

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Carper Tough on Data Security

Posted On: May 14, 2015

On April 15, 2015, Senators Carper and Blunt (R- MO) introduced the Data Security Act of 2015 (S. 961). This bill would set standards for entities that handle consumers' personal ...

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