Straight to The Point: July 27, 2018


 star3 The NCUA board of directors will consider a new proposed risk-based capital rule—among other items—during the agency’s Aug. 2 board meetingThe Point

star3 CUNA has launched a new Member Activation Program campaign to educate credit union members about the costs and burdens of merchant data breaches. To kick off the campaign, CUNA will host a complimentary “Stop the Data Breaches” webinar for MAP credit unions Tuesday, July 31, at 3 p.m.CUNA

star3 Credit unions and individuals are encouraged to utilize the New York Credit Union Foundation’s multiple grant programs, which are designed to meet the unique needs of the New York credit union community – The Point

star3 The opportunity to convince lawmakers to tuck a two-year delay of the NCUA’s risk-based capital rule into a Senate bill appears to have narrowed in recent days – CU Times

star3 Auto dealers are not optimistic about the future of auto sales for the remainder of 2018, even as they are saying they do expect showroom traffic to increase in the coming months, according to a new report CUToday

star3 A consumer watchdog filed a lawsuit against the CFPB and the Office of Management and Budget for allegedly failing to provide employment records and emails on Kathy Kraninger, President Donald Trump’s nominee to lead the bureauCU Journal

star3 In a twist, the Mulvaney-led bureau—which has tried to undercut its own power—is proactively defending the CFPB’s constitutionally as it targets firmsAmerican Banker

star3 Whoever put together the website for LifeLock—a company that’s built a name for itself based on the promise of helping consumers protect their identities online—lacked a basic understanding of Web site authentication and security – KrebsOnSecurity

star3 The blog explains why a CFPB overdraft settlement is good news for credit unions after the bureau settled a lawsuit brought against TCF National Bank, alleging that the bank used deceptive sales practices to get new customers to opt-in to overdraft protection when opening new accounts – New York’s State of Mind











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