Source: Shutterstock
One of the biggest risks credit unions face comes from the vendors they trust to help with their day-to-day operations. Core processors and other third-party vendors are often perceived as experts by the credit unions that hire them, but that perception can breed unwarranted complacency. Outsourced technology providers have been known to expose credit unions to substantial security risks. And even the largest core processors have been known to make computational errors that result in inaccurate records.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
