Straight to The Point: March 26


Good morning, and happy Monday. The House and Senate will both meet for procedural pro forma sessions. No votes are expected in either chamber this week. The state Assembly and Senate will be in session today. Here’s what else is happening today:

star3 Reminder: Young professionals from the Catskill-Hudson Chapter will host a networking meet-up March 28 at Milo’s Cantina in Poughkeepsie – The Point

star3 Members of the Federal Financial Institutions Examination Council, including NCUA, provided an update on the Examination Modernization Project undertaken as a follow-up to the Economic Growth and Regulatory Paperwork Reduction Act – NCUA

star3 To support implementation of the 2016 Mortgage Servicing Final Rule, the CFPB has released a list of frequently-asked-questions that address some common bankruptcy-related questions the bureau has received related to mortgage servicing – CFPB

star3 The number of malicious mobile apps declined in 2017’s fourth quarter, but many apps still contained threats including brand imitation, phishing and malware, plus a new bankbot – CU Times

star3 Since the 2008 financial crisis, the three largest U.S. banks have added more than $2.4 trillion in domestic deposits—double the total deposits in all credit unions – CUToday

star3 More experts are warning that jackpotting—the malicious takeover of ATMs—could be the next worrisome trend for financial institutions – CU Journal

star3 Only North Dakota has its own state-owned bank, but policymakers in other states say more public banks are necessary to fully meet society’s needs – American Banker

star3 The state budget is due at the end of the week, but there are some unusually complicated proposals lawmakers have to tackle this year – Times Union

star3 The European Union’s landmark General Data Protection Regulations—on paper at least—extend to any institution processing and holding data belonging to a citizen of an EU country – New York’s State of Mind

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