Straight to The Point: August 31, 2018

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Reminder: The New York Credit Union Association and our Affiliates will be closed Monday, Sept. 3, for Labor Day. The Point will resume publication on Tuesday.

star3 As a reminder, Credit Union Webinar Network is hosting a complimentary webinar on the EU’s General Data Protection Regulation, which became effective May 25. The pre-recorded webinar explains how credit unions will be affected by the GDPR, and is available until Dec. 31 – The Point

star3 The Capital Chapter will be hosting their annual golf tournament on Tuesday, Sept. 25, at the Normanside Country Club in Delmar. This year the net proceeds from golf registrations will benefit the Albany Medical Center Children’s Hospital, part of the Children’s Miracle Network Hospitals – NYCUA

star3 The 2018 Tech Forward Conference will explore the newest and emerging technologies impacting New York’s credit unions. The conference will be held Oct. 11-12 at the Desmond Hotel in Albany, and registration is open – The Point

star3 Even in a time of increasingly trendy benefits aimed at attracting and retaining younger employees, the 401(k) is still a valuable recruiting tool according to a 2018 Customer Survey – CU Times

star3 A new survey conducted by Billing Tree found credit/debit card payment acceptance via online portal and automated forms were the most common practice offered at over 60 percent of financial institutions – CUToday

star3 Congress got the credit union “formula” right, American Consumer Institute President Steve Pociask wrote in response to false banker claims appearing in the Wall Street Journal – CUNA

star3 U.S. consumer spending increased solidly in July, pointing to strong economic growth early in the third quarter, while a measure of underlying inflation hit the Federal Reserve’s 2 percent target for the third time this year – Reuters

star3 Instagram is in the process of rolling out support for third-party authentication apps, allowing users to have more secure options for protecting their accounts against hackers – KrebsOnSecurity

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