Straight to The Point: December 26


Good morning and welcome back from what was hopefully a pleasant Christmas break. Members in Congress are enjoying their winter break this week. Here’s what’s happening on this Tuesday morning:

star3 The New York Credit Union Foundation recently welcomed two new trustees to its board – The Point

star3 The New York Credit Union Association will be providing each member credit union with complimentary access to two webinars in 2018 as a benefit of membership – NYCUA

star3 The survey for the 2017 New York Credit Union Impact Report—formerly known as the MORE Report—is now live – NYCUA

star3 A coalition of national financial services trade groups are calling on the House Energy and Commerce Committee to help develop a national standard for data breaches that requires consumers to be notified immediately when a breach occurs – CU Times

star3 The CFPB has announced that penalties for errors won’t be assessed for Home Mortgage Disclosure Act data collected in 2018 – CUToday

star3 Treasury Secretary Steven Mnuchin and Federal Housing Finance Agency Director Mel Watt agreed to let Fannie Mae and Freddie Mac each build a $3 billion capital buffer – CU Journal

star3 According to the Federal Reserve’s payment data, there was also a notable increase in the number of card payments made remotely from 2015 to 2016 – PYMNTS

star3 Cryptocurrencies’ massive rise in value and hype has brought hackers, scammers and other criminals along with it – CUinfoSecurity

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