Straight to The Point: October 22, 2018

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star3 Registration is open for the Young Professionals Commission 2018 Fall Educational Summit, which will be held Nov. 14-15 in Rochester – The Point

star3 Credit unions and chapters can still offer college scholarships to deserving young members with the New York Credit Union Association’s annual, statewide Scholarship Program – The Point

star3 The Federal Financial Institutions Examination Council launched the redesigned Bank Secrecy Act/Anti-Money Laundering InfoBase website, which is aimed at sharing financial institution examination procedure information with examiners and other stakeholders The Point

star3 The renewed growth of commercial cards presents credit unions with an opportunity that has been overlooked by their larger counterparts CU Times

star3 The CFPB issued its Fall 2018 rulemaking agenda, with several items including the bureau’s regulatory priorities over the coming months into 2019 CUNA

star3 Visa has released a bulletin revealing that many programs marketed as “cash discount” are non-compliant with the payment’s company rules PYMNTS

star3 American Express boosted its forecast for profit for the year as it trimmed fees to attract smaller businesses. Discount revenue, a measure of fees charged to merchants, surged 8 percent to $6.2 billion, topping analyst estimates American Banker

star3 Sales of previously owned U.S. homes eased in September to the weakest pace in almost three years, a sign rising prices and mortgage costs are keeping potential buyers on the sidelines Bloomberg

star3 The blog provides an interesting takeaway from the New York Bar Association conference on cybersecurity and also analyzes the NCUA scaling back the application of its risk-based capital rules New York’s State of Mind

 

 

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