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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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HFSC Approves 9 CUNA-backed Reg. Relief Bills

Posted On: Apr 01, 2015

Nine regulatory relief bills supported by CUNA have been approved by the House Financial Services Committee after a two-day markup of a series of bills. "These bills are a step ...

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CFPB: Payday Lending Proposal

Posted On: Apr 01, 2015

The Consumer Financial Protection Bureau (CFPB) released a plan aimed at eliminating payday lending "debt traps," and CUNA is evaluating it to determine if it accomplishes its goal without hindering ...

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NCUA Text Message Scam

Posted On: Apr 01, 2015

More than 40 consumers around the country have received a scam phone text message purporting to use a National Credit Union Administration phone number, the agency announced Wednesday. Consumers who ...

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