Straight to The Point: June 22, 2017


Good morning. And just like that, the state Legislature has adjourned. The New York Credit Union Association will be providing highlights from this year’s legislative session in the days ahead. Both the House and Senate are in session today. Here are this morning’s headlines:

star3The dates for the Association’s CEO Roundtable event in Syracuse have been rescheduled for Sept. 6-7 – NYCUA

star3Reminder: The New York Credit Union Foundation is offering two separate training sessions this summer for individuals interested in teaching the National Endowment for Financial Education High School Financial Planning Program – Foundation

star3The New York Credit Union Association’s annual chapter golf outings to benefit the state credit union political action committee, CUPAC, kick off next week – The Point

star3The head of JPMorgan Chase’s consumer businesses recently stated that U.S. credit card issuers should expect card losses to rise – CUToday

star3The House Financial Services Committee is close to advancing major legislation to revamp federal flood insurance – The Hill

star3A new study reveals that websites, including those in the financial industries, are no match against bot attacks – CU Times

star3PayPal announced a plan to speed up money transfers between its Venmo service and users’ checking accounts for those with supported MasterCard and Visa debit cards – TechCrunch

star3The partial elimination of the ability-to-repay requirement in the Financial CHOICE Act could end up hurting smaller mortgage lenders – American Banker

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