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Recent breaches involve network intrusions, not card technology

CUNA News Now Headlines 2/6/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

As Congress continues data breach scrutiny, CUNA, partners correct merchant distortions

Saying "it's time to stop the blame game and be part of the solution," CUNA and partner financial services associations corrected some distortions circulated by merchants in a Wednesday communication to members of the U.S. Congress. More

Cheney in HuffPo enlists backers in 'patent troll' fight

"Patent trolls" may sound like fictional phantasms, but they present a dangerous reality to credit unions and their members, adding to the costs of providing financial services--and shouldn't be taken lightly, CUNA President/CEO Bill Cheney writes in a Huffington Post piece. More

Cybersecurity bill moves on to House: CUNA, others urge privacy/protection balance

Congress must ensure that the National Cybersecurity and Critical Infrastructure Protection Act (H.R. 3696) "provides the appropriate balance to protect privacy, while allowing financial institutions to evaluate information for cybersecurity threats," CUNA said in a letter sent to the House Committee on Homeland Security this week. More

Bill introduced to modernize Pa. state CU code

Legislation was introduced in the Pennsylvania House of Representatives Tuesday to "thoroughly update" the 1933 State Credit Union Code, the Pennsylvania Credit Union Association reported. More

Weather puts big chill on Northeast CUs

Power outages and road closures are widespread after a one-two punch of winter storms in the Midwest and Northeast, causing some credit unions to close. More

CUNA, leagues win Grassroots Innovation Award

CUNA's "#DontTaxTuesday" Twitter and Facebook campaigns walked away with a Grassroots Innovation Award from the Public Affairs Council. More

Baucus confirmation for ambassador to China expected today

President Barack Obama's nominee to serve as the next U.S. ambassador to China, Sen. Max Baucus (D-Mont.), is expected to be confirmed today by the U.S. Senate. More

Bitcoin regulation may be matter of how much, not when

A U.S. Treasury Department guidance issued this week and state-level hearings held last week in New York highlight the burgeoning movement to regulate Bitcoin and other virtual currencies. More

Filene begins celebration of silver anniversary at GAC

The Filene Research Institute will begin its silver anniversary celebration with guest speaker Lisa Servon at its Chairman's Breakfast at CUNA's Governmental Affairs Conference in Washington, D.C., which starts Feb. 23. More

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