Straight to The Point: June 7, 2017


Good morning. The Assembly, state Senate, House and U.S. Senate are all in session today. The state Senate Committee on Banks will hold a meeting this morning. Here are your headlines:

star3 The CUNA Mutual Group Golf Tournament to benefit the New York Credit Union Foundation raised more than $31,000 for the Foundation – The Point

star3 The CFPB last week released a monthly report highlighting complaints submitted by older consumers – The Point

star3 Reminder: Credit Union Journal is hosting a free webinar today at 2 p.m. that will focus on attracting millennial members through mobile banking – CU Journal

star3 The number of data breaches at financial institutions is doubling, according to a new report – CU Times

star3 The House Financial Services Committee is threatening to file contempt charges against CFPB Director Richard Cordray for allegedly lying about the bureau’s investigation into the Wells Fargo scandal – American Banker

star3 Democrats now hold a numerical majority in the state Senate, but the breakaway Independent Democratic Conference has no plans on rejoining their mainline counterparts – Buffalo News

star3 Apple announced during its World Developers Conference being held this week that its new iOS 11 will support the ability for users to send money to friends and family through iMessage PYMNTS

star3 The percentage of consumers using mobile bill pay rose significantly from late 2015 to late 2016, growing from 22 percent to 28 percent – CUToday

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