This
week: Marijuana banking, big banks, alternative data on Congress' agenda
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
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
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.
NAFCU's 2019
Credit Union Compliance GPS
Review updates on S.2155, Field of Membership,
Privacy and more!
New
phishing attack targets FIs, uses receipts to collect data
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.
