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.
CHAPTER FORUM, RECEPTION ENGAGES CUs updated
10/27/14 06:55 PM
Networking and Awards after 'REACH'
Credit union chapter members from across California and Nevada gathered Oct. 23 at the JW Marriott (L.A. Live) in downtown Los Angeles to attend the 2014 Chapter Forum, which offered a full day of valuable networking and educational sessions for attendees who were eager to share individual stories about the work their chapters are accomplishing.
NEEN JAMES CHALLENGES CUs AT 'REACH' updated
10/27/14 04:17 PM
'Time is the New Currency'
By Wednesday afternoon, nearly 700 credit union CEOs, professionals, industry vendors, and guests had attended REACH 2014, the California and Nevada Credit Union Leagues’ Annual Meeting and Convention from Oct. 20-22 at the JW Marriott (L.A. LIVE) in downtown Los Angeles.
CFPB, FTC HOST DEBT COLLECTION FORUM updated
10/27/14 03:31 PM
Latino Consumers Discussed
The Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB) recently hosted an all-day forum on “Debt Collection and the Latino Community,” which brought together consumer advocates, industry professionals, and regulators to discuss how debt collection issues affect Latino consumers, especially those with limited English proficiency (LEP).
FinCEN: QUARTERLY UPDATE ON 'SARs' updated
10/27/14 03:09 PM
Also, Mortgage Service Transfer Guidance
The Financial Crimes Enforcement Network (FinCEN) has issued its SAR Stats quarterly update, which provides information on Suspicious Activity Reports (SARs) filed through Sept. 30, 2014.