Remove 2019 Remove Credit Union Service Organization Remove NCUA
article thumbnail

Credit Unions Unite Behind Digital Banking

PYMNTS

Though the sector is considered healthy and well-managed, credit unions and the CUSOs (credit union service organizations) that support them with tailored offerings face upheavals in the next couple of years. percent in Q3 2019, which is a concern for the entire sector. Digital Unison.

article thumbnail

Credit Unions Doing Cyber-Battle

PYMNTS

Reading the February 2020 Credit Union Tracker ® done in collaboration with PSCU , we discover that Canadian credit union Desjardins Group was hacked , impacting the records of 4.2 million individual and business members in 2019. They were not alone in 2019, a year when cybertheft records were set.