60 US credit unions offline after cloud ransomware infection
www.theregister.com
Supply chain attacks: The gift that keeps on giving

Scores of US credit unions offline after ransomware infects backend cloud outfit::Supply chain attacks: The gift that keeps on giving

  • @grue@lemmy.worldEnglish
    6•2 years ago

    That/lack of Mint.com integration (RIP) is what’s kept me from switching away from my “giant monster mega bank” all these years.

      • brvslvrnstEnglish
        12•2 years ago

        “Mint has always been a money loser,” Mr. Agostino, a former product manager at Mint, said in an interview. “Given the revenue Credit Karma was generating, it makes sense to go that path.”

        Translation: “Eh, all it does is help people without bringing us significant revenue. Let’s try to push the users over to a more spammy based app!”

        I remember when both came out, and used them extensively. Finally dropped CK, then Mint, as they both started including more and more loan ads. We certainly had a good run of actually useful free stuff, but that’s finally catching up.

      • @grue@lemmy.worldEnglish
        2•2 years ago

        I know, hence the “(RIP)”. Still, I’m not going to give up on having integrated financial info so any credit union I switch to would have to support whatever I replace Mint with (even if it’s as rudimentary as letting me automate downloading an OFX file).

    • @CosmicTurtle@lemmy.worldEnglish
      6•2 years ago

      That’s one of the side effects of all the bank acquisitions and mergers and consolidations. National banks have so much more money to invest in things like Mint/plaid integrations, live fraud monitoring (vs daily fraud monitoring), etc.

      Hell, I can’t even get free checks from my credit union anymore.

      And it doesn’t help that banks have lobbied to keep credit unions from merging outside of their immediate service areas.

      • @BearOfaTime@lemm.eeEnglish
        3•2 years ago

        Moving back to a CU was the best decision… Saved me $500/year in fees, seen no negatives so far.

        • @nocturne213@lemm.eeEnglish
          4•2 years ago

          My credit union does not charge overdraft fees and they even called us once to remind us we forgot to make a loan payment. Bank of America would have just raked us over the coals.

      • @BearOfaTime@lemm.eeEnglish
        1•2 years ago

        Moving back to a CU was the best decision… Saved me $500/year in fees, seen no negatives so far.