The Hub: News & Events for December 7, 2018

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Central 1 News you need to know

Momentum 2018 Summit & Trade Show Highlights
At our Momentum summit, October 28 to 30, there was a palpable energy and sense of impetus driving us and our clients forward together to ensure a thriving credit union system. We're pleased to provide this roundup of the event – with links to presentations – so that you and your colleagues have a chance to take advantage of all the great content.

System Alert - Brute Force Attacks (log in required) 
We would like to raise system awareness on a recent spike in brute force attacks attempted against some clients within the last few weeks. These attacks all follow a similar pattern where we witness a spike in traffic from a specific source internet protocol (IP) that targets a specific financial institution (FI). It then cycles through various login (user ID known as a PAN) iterations with a same standard password (i.e., PAC) in an attempt to gain access to an account to complete fraudulent transactions. 

These Canadian Housing Markets Took A Beating In 2018. What Does 2019 Have In Store? (MSN Money & Huffington Post, mentions Central 1)
2018 began with a steep nationwide drop in housing activity.

RESP Manual: Search and Usability Improvements (log in required)
The RESP Manual has been improved with better search functionality, including filtering by Volume, and several changes for easier navigation and reading.

Central 1 Events

April 24-25, 2019
Member Forum 
Sheraton Vancouver Wall Centre

(Save the date)

April 25, 2019
Central 1 AGM
Sheraton Vancouver Wall Centre

(Save the date)

September 8-10, 2019
Momentum Summit & Trade Show
Westin Harbor Castle, Toronto

(Save the date)

Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News

Credit Unions
Toronto Municipal Employees' Savings now a division of Alterna Savings (News Release)

Funding the Futures of our Communities (Kootenay Savings News Release)

Access to transit key to fighting poverty: study (Winnipeg Free Press, mentions Assiniboine CU)

These are the Greater Toronto Area's top employers for 2019 (Daily Hive, mentions CCUA)


New case study speaks to global payments provider's ISO 20022 advances (Payments Canada)

Two governments charge ahead with bitcoin payments (Government Technology)


Canada posts 'mind-bogglingly strong' jobs gain despite oil woes (BNN Bloomberg)

Unemployment reaches 40-year low with 94,100 new jobs added in November (CBC)

'What a relief': Economists react to November's blockbuster jobs data (BNN Bloomberg)

Personal Investor: Year-end RRSP and TFSA tax traps (BNN Bloomberg)


Facebook Offered RBC, Netflix, Others Special Access To User Data (Huffington Post)

Industry Events

December 11, 2018
Concentra Bank
Q3 Investor Relations Webinar

9:00 - 10:00 am PT

December 19, 2018
Compliance: A Credit Union Perspective Webinar
10:00 - 11:00 am PT

January 9, 2019
State of the System Webinar
1:00 - 2:00 pm ET

January 22-23, 2019
A Shared Vision
Delta Ottawa City Centre

February 19-20, 2019
Global Alliance for Banking on Values
Vancouver Convention Centre

March 27-29, 2019
Ontario Credit Union Conference
Toronto Airport Marriott Hotel

(Save the Date)

May 5-8, 2019
2019 National Conference for Canada's Credit Unions
Winnipeg Convention Centre

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Central 1 Credit Union, All rights reserved.

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Central 1 Credit Union - Member & External Communications · 1441 Creekside Drive · Vancouver, Bc V6S 4J7 · Canada


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