Blog Archives

#386: NAFCU's Dan Berger Capitol Hill Testimony on Data Security Calls for Greater Retail Accountability...

5/8/2015

A couple weeks ago, NAFCU President and CEO Dan Berger appeared before the House Small Business Committee on Capitol Hill to testify on behalf of credit unions on data security. Berger emphasized that retailers need to take a greater share of accountability when it comes to breaches, as financial institutions have taken the lion's share to date -- which has cost them millions of dollars that oftentimes get passed on to the consumer.

We invited Dan on the show to get his firsthand experience testifying before the Committee, focusing on a few of the items NAFCU would like to see addressed in a comprehensive data security bill:
-- Payment of Breach Costs by Breached Entities
-- National Standards for Safekeeping Information
-- Data Security Policy Disclosure
-- Disclosure of Breached Entity
-- Enforcement of Prohibition on Data Retention
-- Notification of the Account Servicer
-- Burden of Proof in Data Breach Cases

Many thanks to Mr. Berger for being on the show with his candid responses -- and representing CUs on the Hill in this all-important cybersecurity issue that needs to be addressed immediately.

#385: 3-Second Account Access Wins IdentityX NACUSO Big Idea Award...

5/6/2015

How would you like to dropkick your password and access your account in 3 seconds? Well, you can. IdentityX President Conor White joined us to explain how his speedy, yet secure, biometric technology works and why it won NACUSO's recent Big Idea Award along with CUNA Technology Council's Award at the 2015 GAC.

We discussed how this award-winning technology benefits credit unions and ultimately their members -- as well as examples of credit unions already using it. Check it out and let us know what you think.

Visit:
www.identityx.com

#384: Fintech Fantasies: Finovate Fires Up for 2015 with Upcoming Spring Show in San Jose...

5/5/2015

For fintech folks it's like Christmas in the spring, as Finovate fires up for 2015 displaying the latest in financial technology services. It's always exciting. So we invited the ring leader himself, Mr. Eric Mattson, The Finovate Group's CEO and host of FinovateSpring in San Jose (May 12-13), on the show to get a behind-the-scenes look at this year's line up.

We also talked about how Finovate has evolved over the last 8 or 9 years -- adding shows and going global, capitalizing on what's new in tech trends and answering issues with envelope-pushing solutions. Additionally, we discussed what makes a compelling 7-minute presentation, takeaways attendees can expect, and what's new on the horizon -- which happens to be Finovate's latest show series: FinDEVr, taking place later this year in San Francisco.

Knowing the talented group at Finovate, this show series will be a smashing success, as well. Check it out and get your ticket to San Jose.

Visit:
Finovate
FinDEVr

#383: CU Social Media Status: Success, Failures, and Tons of Practical Advice with Filene ... (pt.2)

5/4/2015

How do everybody! Fresh back from the CSCU Conference in Florida last week, where there was some mind-blowing discussions on the latest in payments, security, EMV, etc. Check this out: How about ordering and paying for a burrito supreme from your car at Taco Bell via low energy Bluetooth? Well, it's gonna be here quicker than your eyes watering from that extra hot sauce you requested.

That story and more coming in form of some awesome interviews from the show. But, in the meantime, here is part 2 of our conversation with Filene's Manny Nat on the credit union social media success, failures, and tons o' practical advice. I think part 2 really ups the ante, complementing last week's part 1 with Manny. Some super practical and forward-thinking advice in this episode. Oh, and stay tuned for our Facebook marketing tips for CUs episode coming up soon, as well.

Visit:
www.filene.org

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