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
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
8 29 ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
8 29 ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
8 29 ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
8 29 ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
8 29 ago