From NAFCU Today <[email protected]>
Subject NAFCU, CU trades warn against harmful interchange legislation
Date June 7, 2023 11:06 AM
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Also: Trades share FI perspective on FCC’s robocall, robotext proposal; Berger joins American Banker live at 2 PM ET to talk industry issues

June 7, 2023

NAFCU, CU groups warn against harmful interchange legislation ([link removed] )

With the anticipated reintroduction of legislation sought by big-box retailers to expand interchange requirements to credit cards, NAFCU, the Defense Credit Union Council, and CUNA are joining together this morning to warn congressional leaders of the legislation’s harmful impacts on consumers and credit unions.

NAFCU, trades write to FCC on robotexts, robocalls ([link removed] )

NAFCU joined with several trades on a letter to the Federal Communications Commission (FCC) in response to its proposal regarding robocalls and robotexts. The proposal would restrict the ability of entities to obtain a consumer’s single consent and use it as the basis for multiple callers to place marketing calls to the consumer, apply the national “Do Not Call” registry’s restrictions to texts, and require carriers to investigate and potentially block a sender transmitting suspected illegal texts when notified by the FCC.

Happening today: Berger live on American Banker ([link removed] )

NAFCU President and CEO Dan Berger is set to discuss the credit union difference and how the industry continues to innovate and expand market share with American Banker’s Frank Gargano today at 2 p.m. Eastern.

ATTEND NAFCU's CFO SUMMIT ([link removed] )

Join us in exciting Las Vegas on September 19 – 21! All CFOs, Controllers and VPs of Finance should attend.

- Learn investment strategies for optimal returns
- Delve into insights, challenges and best practices
- Explore payment trends and innovations, and much more

Save $200.00 with code CFO23SAVINGS for a limited time

VIEW AGENDA ([link removed] )

NAFCU Cybersecurity and Payments Committee talks FedNow, Nacha ([link removed] )

NAFCU's Cybersecurity and Payments Committee met Tuesday to discuss the latest updates on the Federal Reserve’s FedNow service and the National Automated Clearinghouse Association’s (Nacha) recent request for comment.

CFPB flags downsides of AI chatbots ([link removed] )

The CFPB Tuesday released an issue spotlight on how chatbots used within the financial services industry may impact the customer service experience. The bureau found AI chatbots are increasingly being used by financial institutions for cost-savings; and its report estimated roughly 37 percent of Americans have used a bank’s chatbot.

Applications for CUAC membership open July 3 ([link removed] )

The CFPB is soliciting membership applications for its Credit Union Advisory Council (CUAC). The bureau’s advisory committees include representatives of consumers, diverse communities, the financial services industry, academics, and economists. Appointments to the committees are generally for two years; the bureau expects to announce the selection of new members in fall 2023.

nafcu-167x300-cobrowsing ([link removed] )

Elevate your credit union’s story.

Share it with #NAFCUNation

([link removed] ) HTML tutorial ([link removed] )

NAFCU CALENDAR ([link removed] )

MAY 1 -

SEPT 30

Regulatory Compliance School On-Demand ([link removed] )

An On-Demand Event

JUNE

8
Driving Low-Cost Deposits and Optimizing Retail Performance ([link removed] )

Complimentary Webinar

JUNE

12
NCUA - Climate-Related Financial Risk ([link removed] )

Comments Due to NAFCU

JUNE

14
Collateral Protection Insurance – Adapting to Changing Market Dynamics ([link removed] )

Complimentary Webinar

JUNE

27 - 30
Engage 2023: NAFCU's Annual Conference ([link removed] )

Long Beach, CA

GET CLOSER TO MEMBERS OF CONGRESS THAN ANYWHERE ELSE!

Don’t miss NAFCU’s Congressional Caucus ([link removed] ) this September 10 – 13, 2023 in Washington DC.

- Get personal access to lawmakers and regulators.
- Attend networking events, private meetings and presentations to form bonds that help policymakers trust your insight.
- Fight for your members on Capitol Hill

Save $200.00 with code CAUCUSAVINGS for a limited time. LEARN MORE & REGISTER TODAY! ([link removed] )

JOIN THE CONVERSATION:

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