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CFPB, USAA Settle After Violations

PYMNTS

USAA, which is headquartered in San Antonio, Texas, was accused of not properly honoring customers’ requests to stop payments on preauthorized electronic fund transfers. In an email to the San Antonio Express-News , USAA said it was acting in the best interests of its customers. million in civil money penalty.

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Credit unions continue to see growth in auto lending

Abrigo

Interestingly, the next two significant lenders on the list are also CUs that primarily serve the military – Security Service Federal, which is headquartered in San Antonio, and Pentagon Federal, located in Alexandria, Virginia. Security Service Federal Credit Union - San Antonio, TX 3.

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5G, Biometrics Lead The Way At Mobile World Congress

PYMNTS

Indeed, new evidence recently emerged about the deployment of the latest generation of mobile technology – one that promises to bring significant changes to retail and payments thanks to bandwidth expansion and faster processing, along with new challenges and questions as early 5G case studies loom. cities by the end of 2019.

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Facebook's Mobile Strategy Inspires a Credit Union's Security Plan

American Banker

When a mobile banking vendor told a San Antonio Federal Credit Union it didn't have the capabilities it wanted, the institution took a note from Facebook's strategy with Messenger and created a companion app.

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Hacker Tracker: Cyberattacks Come In All Shapes And Sizes

PYMNTS

Security experts are saying that new versions of the malware could still strike. There [are] many you don’t hear about because companies don’t want to publicize them, and it’s not legally required to report every incident,” Bill Kelly, senior vice president for underwriting at San Antonio insurer Argo Pro, told Xconomy.

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The war for wallets: CU Wallet to debut this year

Abrigo

When Apple Pay launched late last year, it was met with the typical Apple innovation buzz as well as some skepticism about data security. Subway restaurants chain, which is already integrated with Paydiant, is being used as the retailer to assess CU Wallet’s ease of use and security.

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FinCEN Steps up Efforts to Protect Against the Six Biggest Threats to the U.S. Financial System

Abrigo

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families.

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