Straight to The Point: March 7

Good morning. The House, U.S. Senate and Legislature will be in session today. The House Financial Services Committee’s Subcommittee on Financial Institutions will hold a hearing titled “Legislative Proposals to Reform the Current Data Security and Breach Notification Regulatory Regime.” Here’s what else is happening:

 Registration is open for the New York Credit Union Association’s 2018 CEO Roundtable (Up to $100 million in assets) events, which are consistently ranked by participants as being among the Association’s most important and effective offerings – The Point

 The Association is currently seeking new candidates to serve on the Young Professionals Commission – NYCUA

 Filene Research Institute will host a complimentary webinar at noon tomorrow, March 8, that will ways that credit unions can optimize their member experience and gain loyalty – Filene

 Some 113 congressional Republicans are lending their support to keep Mick Mulvaney as acting CFPB director, arguing in federal court that a challenge to the appointment is based on a misreading of federal law – CU Times

 Amazon and several big banks are reportedly discussing the possibility of creating a checking-like product that Amazon could offer to its customers – CUToday

 Sports sponsorships can serve as an effective marketing tactic and help with brand recognition, but there are some potential pitfalls credit unions should be aware of before entering into an agreement – CU Journal

 A new report has revealed that there was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017 – PYMNTS

 Nearly 170 Applebee’s restaurants in 15 states—though apparently none in New York—were hit with a point-of-sale malware designed to capture payment card data – CUinfoSecurity

 The New York’s State of Mind blog addresses a number of legislative, regulatory and industry items – New York’s State of Mind