INTERNATIONAL REMITTANCE UPDATE
updated 06/20/13 04:52 PM
Two Webinar Dates Available
If you missed Catalyst Corporate FCU's first International Remittance Update Webinar last week, you have two more opportunities to participate. Catalyst will repeat the webinar on July 11 and July 23.
During the webinar, Catalyst provides an overview of Section 1073 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, highlighting modifications that were incorporated into the 2013 final rule. A detailed discussion follows on various aspects of the disclosure process, including when disclosures are required, what information must be included in a disclosure, timing connected with the disclosure, how the wire process might look with the disclosure built into the process, and error resolution.
Catalyst also introduces its proprietary solution for international wires: a direct interface with JP Morgan, along with programming enhancements within TranZact, and Catalyst's online account management system to automate and simplify the back-end process for credit unions. The seamless solution does not require integration effort on the part of credit unions.
EXPERTS GIVE ADVICE TO CREDIT UNIONS updated
09/18/14 11:26 AM
Your Problem: Solved
Risk-based pricing (compliance), creating an operational plan (strategic planning), and making a solid value proposition (marketing) are all highlighted within the latest “Problem? Solved!” column in Credit Union Digest.
GOV. BROWN SIGNS AB 2293 INTO LAW updated
09/18/14 05:06 PM
Relieves CUs of Collateral Burden
California Gov. Jerry Brown signed legislation today mandating baseline insurance requirements for Transportation Network Companies (TNCs)—a move that will help credit unions burdened by a significant reduction in collateral value when accidents occur to these companies’ drivers.
SEPTEMBER: NAT'L PREPAREDNESS MONTH updated
09/17/14 09:13 AM
CO-OP Reminds CUs to Be Ready
The magnitude 6.1 earthquake that struck Napa, CA on Aug. 24 serves as a reminder for vigilant disaster preparedness, as members depend on their credit unions more than ever in times of emergency.
ARTICLES CALL ON LAWMAKERS TO ACT updated
09/15/14 02:07 PM
Data Breaches in Focus
Various opinion articles defending the credit union movement’s stance on data breaches were published in five regional and community newspapers across California and Nevada within the past week as the latest data theft incident at national retailer Home Depot continues to be critiqued in the media spotlight.