Straight to The Point: September 19, 2018


star3 The New York Credit Union Association is offering two complimentary webinars this year to each member credit union. As a reminder, those interested in utilizing this membership benefit should register for the webinars by Sept. 30 NYCUA

star3 The New York Credit Union Association’s 2018 CEO Roundtable (Up to $100M in Assets) will be held Oct. 23-24 in Syracuse. The event is widely touted by attendees as one of the Association’s premier and most beneficial offerings – The Point

star3 Reminder: credit unions and chapters can offer college scholarships to deserving young members with the Association’s annual, statewide Scholarship Program – The Point

star3 Financial institutions, like retailers, are investing in innovative technologies to get consumers into branches – Digiday

star3 A group representing payday lenders is asking a federal judge in Texas to issue a preliminary injunction prohibiting the CFPB from enforcing its controversial short-term lending rule – CU Times

star3 Two more credit unions have been hit with proposed class action lawsuits over overdraft fees. In both cases, the plaintiffs are alleging the credit unions process share drafts out of order in order to maximize fees – CUToday

star3 Visa and Mastercard agreed to pay as much as $6.2 billion to end a long-running price-fixing case brought by merchants over card fees, the largest-ever class action settlement of an antitrust case – Bloomberg

star3 Government Payment Service Inc.—a company used by thousands of U.S. state and local governments to accept online payments for everything from traffic citations and licensing fees to bail payments—has leaked more than 14 million customer records dating back at least six years – KrebsOnSecurity

star3 The blog breaks down and analyzes Visa and MasterCard’s class action settlement, as well as Teachers FCU’s deal to assume Melrose CU’s members, shares and some loans and other assets – New York’s State of Mind

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