Straight to The Point: October 19, 2017

The New York Credit Union Foundation has activated its Disaster Relief Grants for cooperativas, staff and volunteers in Puerto Rico affected by Hurricane Maria. To make a monetary contribution, visit the Foundation’s donation page

Good morning, and happy International Credit Union Day! Today, credit unions around the world are celebrating the history, philosophy and mission of credit unions. On the legislative front, the Senate is in session today, while the House will continue its district work period. Here is what’s happening:

star3 Credit unions can still access a number of Intentional Credit Union Day resources, marketing materials and social media icons – CUNA

star3 The NCUA board of directors will hold its monthly meeting at 10 a.m. today, with several agenda items slated for consideration – The Point

star3 The CFPB yesterday outlined principles for protecting consumers when they authorize third-party companies to access their financial data – CFPB

star3 A new study shows millennial parents contribute more to their retirement savings than their Generation X and baby boomer counterparts – CU Times 

star3 Some of the country’s largest financial institutions are harnessing artificial intelligence to such a degree that it is becoming a competitive advantage that will force institutions to incorporate it – American Banker

star3 The level of investment flowing into fintechs is increasing – CUToday

star3 President Trump has backed away from a bipartisan deal intended to stabilize the health insurance industry by restoring government subsidies – Reuters

star3 Pizza Hut is the latest restaurant chain to be hit by hackers, and it failed to notify patrons until nearly two weeks after the breach occurred – Forbes

star3 The blog touches on a hodgepodge of items, including title insurance regulations, ADA website compliance, the NCUA budget briefing and more – New York’s State of Mind

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