Straight to The Point: July 6, 2017

Good morning. It is a slow day on the legislative front; neither the House nor Senate are in session. Here are today’s headlines:

Registration is now open for the 2017 Compliance & Legal Conference, which will be held Sept. 11-12 at Turning Stone Resort and Casino in Verona – NYCUA

Reminder: Individuals cans now register for the New York Credit Union Association’s new Basic Accounting Workshops – The Point

The Association’s July webinar lineup kicks off today – CU Webinar Network

A House subcommittee cleared a spending bill last week that does include some regulatory relief provisions found in the House-passed Financial CHOICE Act, but also reduces funding for the CDFI Fund – CUToday

Mobile ransomware activity skyrocketed in the first quarter of 2017 with 218,625 mobile Trojan-ransomware installation packages, which is 3.5 times more than in the previous quarter– CU Times

Good-government and civic groups are joining forces to press for a constitutional convention in 2019, with a vote on whether to hold a convention set for this November– Times Union

Worldpay Group, the British payment processing company, said on Wednesday that it had agreed in principle to be acquired by Vantiv, an American rival, for 7.7 billion pounds– New York Times

A Ukrainian police official says that authorities have raided the accounting software firm said to be tied to the global spread of a destructive computer virus last week – The Hill

News that car sales declined for the sixth straight  month in  June is something to keep an eye on as you survey the horizon for potential trouble spots – New York’s State of Mind