Straight to The Point: October 26, 2018

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star3 The New York Credit Union Association and employee benefits broker Jaeger & Flynn hosted a complimentary webinar to explore how the company can help credit unions with the administration of their benefit programs. The webinar is now available on-demand– The Point

star3 Vidyo banking has developed an implementation guide for credit unions that are considering the video banking channel – The Point

star3 NCUA will host a complimentary webinar Wednesday, Nov. 7, at 2 p.m. that will provide updates on recent changes to the Home Mortgage Disclosure Act and other federal consumer financial protection laws and regulationsThe Point

star3 Credit unions and other card issuers may be adjusting their card designs soon, because Mastercard will no longer require signatures on the backs of its cards, the company announced – CU Times

star3 A majority of Americans say their personal financial situation has not improved since the 2016 general election, according to a survey – Bankrate

star3 NCUA Board Chairman J. Mark McWatters re-emphasized that the agency is revising its regulations to reduce the regulatory burden on credit unions – CUToday

star3 The conventional wisdom that the financial crisis and ensuing regulations have kept mortgage credit out of reach for the vast majority of borrowers is not backed up by the data – CU Journal

star3 The CFPB announced a settlement with payday lender Cash Express, which will pay approximately $32,000 in restitution to consumers, as well as a $200,000 civil money penalty for violating the Consumer Financial Protection ActPYMNTS

star3 The blog discusses two important cases that could have significant consequences on credit unions ,including USAA bringing a case against Wells Fargo and a case pending before the Court of Appeals for the 1st circuit, Fawcett ex rel. Situated against Citizens Bank, N.A. – New York’s State of Mind

 

 

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