Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Verafin release supports new CTR SAR forms
ST. JOHN'S, Newfoundland (10/10/12)--The latest Bank Secrecy Act/anti-money laundering software release from Verafin Inc. includes full support for the Financial Crimes Enforcement Network's (FinCEN's) new Currency Transaction Report (CTR) and Suspicious Activity Report (SAR) forms.

Verafin is a CUNA Strategic Services provider.

The new software, called Fall '12, includes updated CTR and SAR filing functionality to allow customers to e-file the new FinCEN forms. Users are e-filing the new forms with FinCEN six months ahead of the March deadline.

Other updates included in Fall '12 include:
  • Expanded remote-banking fraud detection, including corporate automated clearing house and wire transfer analysis;
  • Increased risk-assessment functionality; and
  • Refined case-management usability and integration.
Other Resources

RSS print
News Now LiveWire
NCUA re-schedules start of tomorrow's closed meeting to 9 a.m. ET. Open meeting still at 10 a.m. ET.
12 hours ago
.@lisamurkowski @SenatorEnzi @SenJohnBarrasso are latest to weigh in on NCUA risk-based capital proposal. See #NewsNow tomorrow for more
13 hours ago
Now up on News Now: Fed stays course on taper, interest rates http://t.co/6DntsW58vA
15 hours ago
Positive performance indicators and the potential for rising interest rates in @TheNCUA 's latest economic update. http://t.co/yptPbIGvnU
17 hours ago
The @CFPB has launched a nationwide effort to provide financial education. http://t.co/sF3FXHpv3k
18 hours ago