Also: NAFCU advocacy sees wins on CECL, Volcker, more; ADA litigation update in Compliance Blog
NAFCU TODAY | The News You Need Daily.
July 22, 2019
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This week: Marijuana banking, big banks, alternative data on Congress' agenda [ [link removed] ]
The House and Senate this week will discuss a number of issues that could have major impacts on the credit union industry, including providing banking services to marijuana-related businesses (MRBs), the potential creation of a megabank and using alternative data in credit score models. NAFCU's award-winning advocacy team will be on Capitol Hill to provide insights to lawmakers on these issues.
NAFCU advocacy sees wins on CECL, Volcker, more [ [link removed] ]
As the industry's Washington Watchdog, NAFCU's award-winning advocacy team maintains a constant presence on Capitol Hill among lawmakers and regulators to ensure credit unions are represented. NAFCU's efforts have led to progress on key issues in recent weeks; see below for updates.
Compliance Blog updates CUs on ADA lawsuits [ [link removed] ]
Two years after credit unions across the country started being targeted by meritless lawsuits under the Americans with Disabilities Act (ADA) due to unclear website accessibility requirements, NAFCU Vice President of Regulatory Compliance Brandy Bruyere provides an update in a new post on the Compliance Blog.
New phishing attack targets FIs, uses receipts to collect data [ [link removed] ]
Financial institutions around the world are being targeted by a new email phishing campaign which uses HTML file attachments typically used by web servers according to a new report by researchers at Mimecast.
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