THE news

WASHINGTON—NAFCU and CUNA are expressing concern over a new report that reveals 80% of global retailers fail to meet the widely accepted Payment Card Industry (PCI) data security standards for their payment card processing systems.

WASHINGTON, D.C. – CUNA Mutual Group and Filene Research Institute have released new research that explores how credit unions can best serve and connect with baby boomers.

STAMFORD, Conn.—Fraud on Apple Pay transactions—which some are pegging as high as 6% today—may climb even higher as the new payments solution becomes more widely accepted.

SAN FRANCISCO—FIs intent on preparing for the day when digital channels will dominate account opening should rethink their timing. That day might already have arrived, a new report indicates.

AUSTIN, Texas—Although 47 states have security breach notification laws, which require organizations that store sensitive information to notify customers and clients if their personal data is breached, only one-third of small and midsize businesses say they are “very confident” of what those laws require, according to a new study.

RANCHO CUCAMONGA, Calif.— Valentine’s Day-related purchasing was way up in 2015. Or at least there was more love in the air if research by CO-OP Financial Services, Des Moines, Iowa-based The Members Group, and Franklin, Mass.-based Saylent Technologies is any guide.

BIRMINGHAM, Ala.—Are CUNA and NAFCU now more focused on derailing risk-based capital via political and, possibly, legal avenues than trying to further shape the proposal through the rulemaking process?