MADISON, Wis. (5/23/13)--The Credit Union National Association announced topics for the CUNA Bank Secrecy Act Conference, Nov. 3-6 in Orlando, Fla.
In partnership with the National Association of State Credit Union Supervisers, CUNA's BSA conference brings together Bank Secrecy Act (BSA) compliance officers, state and federal examiners, industry experts and regulators for discussion, networking and education on BSA compliance issues.
The annual conference covers all of the BSA statutory and regulatory training requirements that compliance professionals need to comprehend and comply with the complex federal BSA law, CUNA said.
"When it comes to BSA compliance in today's environment of increased regulation, we don't want any of our attendees left guessing," said Tracy Blaske, CUNA instructional design manager. "With that in mind, we make sure this conference covers all the bases from law updates to interactive Suspicious Activity Report case studies."
The Financial Crimes Enforcement Network, the National Credit Union Administration and the Office of Foreign Assets Control agencies will provide updates to attendees. State examiners and attorneys also attend.
Attendees earn the CUNA Bank Secrecy Act Compliance Specialist (BSACS) designation by successfully completing an on-site exam. For more information, use the link.
DES MOINES, Iowa (5/23/13)--The Members Group (TMG) this week announced the addition of a card-portfolio data-analytics tool to its product suite.
Branded "Catalyst," the consumer intelligence solution is designed to help credit unions better monitor, learn from and adjust to the changing behaviors of their members.
"Data analytics is about working smarter, rather than harder," said TMG Director of Client Relations Dan Lozier. "With solutions like Catalyst, community financial institutions can get to the heart of their customers' needs and wants more quickly. Catalyst allows financial institutions to readily identify the strengths and weaknesses of their card portfolios so they know where to spend their time and which cardholders to target for increasing activation, usage and balances."
Developed in conjunction with TMG's strategic partner, IQR Consulting, Catalyst leverages a financial institution's own credit card-portfolio analytics to develop a better understanding of cardholders on an individual level. With "snapshot" and "trending" reports, financial institution executives don't have to dig through the data to understand how portfolios are performing. Rather, the reports allow management to quickly assess the health of the portfolio and take corrective action where needed, TMG said.
Catalyst connects card teams with TMG and IQR experts who review the reports and understand the portfolio. The conversations help credit unions make smart decisions about the member segments they target, TMG said.