Straight to The Point: June 29, 2018


star3 The New York Credit Union Association, in conjunction with CUNA, has released the 2018 First Quarter New York Credit Union Profile report – The Point

star3 Recognition Round-Up: Eric Schillinger of CFCU Community CU recently earned the prestigious Credit Union Development Educator designation – The Point

star3 Reminder: Registration is open for CUNA Mutual Group’s annual online Discovery Conference on Aug. 16 – CUNA Mutual Group

star3 Mobile wallets still do not offer a use case appealing enough to get consumers to switch over from cards in big numbers, states a new report, which also indicates Apple Pay usage is declining – CUToday

star3 Scammers are increasingly using LinkedIn to push bogus loan scams and other types of fraud – CU Times

star3 Visa and Mastercard are close to settling a lawsuit over fees paid when merchants accept card payments – American Banker  

star3 Nearly a year after a massive data breach compromised the private information of 143 million Americans, consumer credit agency Equifax has agreed to a series of new corrective measures with eight states, including New York – Capitol Confidential

star3 Venmo has launched a Mastercard-branded debit card. The aim, according to the company, is to enable consumers who use Venmo to spend their balances in more places. Any merchant that accepts Mastercard payments will accept the Venmo cards – PYMNTS

star3 There is now a split among courts as to the constitutionality of the CFPB, increasing the likelihood that this issue will have to be addressed by the Supreme Court – New York’s State of Mind

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