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June

12
2023
Trends

More Borrowers at Risk of Defaulting

More student loan borrowers are behind on their credit card bills and loans than before the pandemic, and they are paying more because of rising interest rates, a new report from the Consumer Financial Protection Bureau found.

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June

12
2023
Strategy

3 Keys to Understand the Cyber Security Skills Gap (and Deal with it)

You don’t have to go far to find cyber security professionals complaining about skills shortages, but the problem has several dimensions which have to be understood and mapped out, before we can start to figure out possible solutions.

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June

12
2023
Industry News

If your bank texts you to warn you of a fraudulent charge, that's likely a scammer, FTC warns

Nearly all of us have had gotten messages from our banks telling us that a recent transition looks suspiciously fraudulent. But it can be dangerous to respond to them, as scammers are increasingly using these messages to commit fraud.

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June

9
2023
Trends

Credit Union Lending, Assets, Insured Shares Continue to Grow

ALEXANDRIA, Va. (June 8, 2023) – According to the latest financial performance data released today by the National Credit Union Administration, total loans outstanding in federally insured credit unions increased $229 billion, or 17.6 percent, over the year ending in the first quarter of 2023, to $1.53 trillion.

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June

9
2023
Industry News

New York Legislature and Enforcement Agencies Remain Active on the Data Privacy and Security Fronts

At the start of 2023, the New York State legislature introduced several privacy-related bills. One of those bills, S365, appears to be gaining momentum. It was reported and committed to the Internet and Technology Committee on April 25, was amended on May 18, and was further amended and recommitted to the Finance Committee on June 4.

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