Military news and trends

FTC: Active Duty Troops 76 Pct More Likely To Report Identity Theft
Security & Fraud // May 21, 2020

Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). The FTC reported in its newest Consumer Protection Data Spotlight that service members typically report misuse of their credit and debit...

CFPB Expands Financial Tool For Military Members
Financial Inclusion // May 23, 2019

The Consumer Financial Protection Bureau (CFPB) has expanded a financial education tool called Misadventures in Money Management (MiMM), which is aimed at educating service members and helping them manage their money. The CFPB announced the expansion on Thursday (May 23). MiMM was initially created for...

Chinese Hackers Target Navy Contractors To Steal Military Secrets
Security & Fraud // December 14, 2018

Chinese hackers have targeted U.S. Navy contractors and subcontractors to steal classified military information, according to a report by The Wall Street Journal. The hackers gained illegal access to contractors’ networks and stole a range of classified intelligence, including ship data and missile plans. The...

Apple Debuts Dedicated Store For Military And Vets
Apple // December 03, 2018

Apple announced on Monday (Dec. 3) that it will open a new online store dedicated to veterans and active military personnel, according to a report. The store will offer eligible military customers a 10 percent discount on Apple products, including in-demand items like iPhones, accessories and...

Interviews & Exclusives
What’s Good For Veterans Can Be Very Good For Businesses

November 12, 2018
It started in the early 1980s: The nation began to repent for what was commonly viewed as the shabby treatment of Vietnam War veterans. It caught speed in the early 1990s upon completion of the Gulf War. Later that decade, in a cultural movement that included the publication of The Greatest Generation and the release […]

ID.me CEO: From Fighting Al Qaeda In Iraq To Fighting IDV Back Home

May 28, 2018
It was two weeks before Blake Hall’s unit would deploy for combat in Iraq, and suddenly he and his 32 men were being told they weren’t going into direct combat...

USAA: Building Financial Services For Those Who Serve

May 28, 2018
Memorial Day, for most, is a day filled with fun. Kids and their parents get a day off, families hit the road to beaches or amusement parks and BBQs (and Beet-B-Qs) will break...

Building A Better Lending Model To Serve SMBs Who Served

February 06, 2018
According to the Small Business Administration, of the 28 million U.S. SMBs, roughly 2.5 million, or 9.1 percent, are owned by veterans of the United States Armed Forces. Those firms, according to the same...

Quick Reads
Joint DOJ, CFPB Letter Puts Auto Financiers on Notice About Military Protections

July 29, 2022
Auto finance companies were sent a joint letter from the U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) alerting them about the additional protections offered to military families under the Servicemembers Civil Relief Act (SCRA).  While non-military borrowers have the same rights as servicemembers, the SCRA provides additional rights to protect […]

FTC: Active Duty Troops 76 Pct More Likely To Report Identity Theft

May 21, 2020
Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). The FTC reported in its newest...

CFPB Expands Financial Tool For Military Members

May 23, 2019
The Consumer Financial Protection Bureau (CFPB) has expanded a financial education tool called Misadventures in Money Management (MiMM), which is aimed at educating service members and helping them manage their...

Chinese Hackers Target Navy Contractors To Steal Military Secrets

December 14, 2018
Chinese hackers have targeted U.S. Navy contractors and subcontractors to steal classified military information, according to a report by The Wall Street Journal. The hackers gained illegal access to contractors’...