Straight to The Point: May 16, 2017


Good morning. We’re continuing to announce the recipients of our 2017 Recognition Awards today. In Congress, the House is back in session after their weeklong district-work period. The U.S. Senate and Legislature also have session days today. Here are this morning’s headlines:

star3 Today, the Association is announcing the recipient of our Outstanding Young Professional Award, which honors individuals 35 or younger whose commitment, hard work and achievements have enhanced their credit unions or the entire New York credit union movement – The Point

star3 The massive ransomware attack that hit institutions and businesses worldwide continued to spread Monday, but fears of copycat attacks are so far unfounded – New York Times

star3 The National Credit Union Foundation has opened registration for its weeklong Development Educator training in September – The Point

star3 CU Direct, a strategic partner of the Association, is inviting all credit union professionals and volunteers to its upcoming Lending Analytics & Portfolio Management Academy sessions – CU Direct

star3 High-income individuals are more likely to be targeted by credit and debit card fraudsters – CU Times

star3 The National Retail Federation has launched an advertising campaign calling on Congress to reject efforts to repeal the Durbin Amendment – CUToday

star3 The contentious relationship between financial institutions and fintech companies is beginning to change – PYMNTS

star3 House Speaker Paul Ryan on Sunday said Congress is likely to pass a major overhaul of the tax code by the end of the year – The Hill

star3 NCUA’s well-intentioned takeover of troubled taxi medallion credit unions may be actually exasperating the industry’s problems – New York’s State of Mind

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