Corporate One FCU, Columbus, Ohio, reports that over the past three years the number of its member credit unions offering their small business members or select employee groups ACH origination services has more than doubled, increasing to more than 100 business originators at year-end 2014 from 48.
EMV migration and interchange are the top concerns of independent ATM deployers, according to the results of the 2015 US IAD survey, co-sponsored by the ATM Industry Association and Kahuna ATM Solutions.
Verafin Inc., a cloud-based fraud detection and anti-money laundering software provider, reported revenue growth of 45% on the strength of a 68% increase in client bookings in 2014 compared with the previous year.
CUNA Mutual Group announced it will offer a new mortgage payment protection insurance product to credit unions and their members through an alliance with D+H, a CUNA Strategic Services strategic alliance provider.
Sollievo, a credit union service organization of Mid-Atlantic Corporate FCU, Middletown, Pa., has partnered with Fraud Hotline to provide credit unions with access to an anonymous and confidential reporting service for potential fraud and ethical issues.
Human trafficking, money laundering, trade-based money laundering and terrorist financing all come with their own sets of red flags for financial institutions. In addition, entities such as money services businesses and cash-intensive businesses can be legitimate, but also have potential to be used for illicit activities.