THE news

DENVER – Giving rampant fraud in many payments systems, credit unions would be best served by featuring a combination of tokenization and authentication to secure sensitive information and validate member identification, according to one person.

DENVER – Up next for Gen Y and MIllennials? Wealth management. While most of the attention around both demographic groups continues to focus on introductory financial products, Gen Y has entered its prime earning years, as has the front edge of the younger Millennials.

DENVER—Credit unions, and especially banks, have spent too much time in recent years pushing consumers away from the branch, says one analyst who indicates there’s an opportunity to begin bringing them back.

AUSTIN, Texas—A new report indicates that cybercrooks are targeting the financial services sector with increasing sophistication—more so than other industries—and that many FIs rely too much on cybercrime insurance to defend the bottom line against growing attacks.