Collection: BSA/AML & SARs

Are your SARs useful? Learn how to provide better information and ensure compliance. Suspicious Activity Reports (SARs) have taken on additional weight due to recent anti-money laundering regulations. They must deliver a “high degree of usefulness” to law enforcement and...

Protecting Your Institution From Payment Fraud Payment fraud is rising fast - banks and credit unions are high-value targets. Institutions lose even more than customers in direct and hidden costs. This training takes a practical, real-world look at how to...

Compliance Requirements in the Cannabis Banking Industry. Explore the Fundamentals, Compliance, and Limitations In an industry known for its fast-paced changes. While it remains illegal under federal law to manufacture, distribute, or dispense marijuana, many states have legalized it for...

Combat the Rising Trend of Elder Financial Exploitation: Discover the Latest Guidance From FinCEN and CFPB. The rampant growth of elder financial exploitation has made a significant impact in recent years, seeing millions of seniors fall victim to scams, frauds,...

Your SAR Filings Could Use Some Help: Discover Current Requirements and Adjust Your Practices. On June 30, FinCEN announced new national priorities for anti-money laundering and countering the financing of terrorism. This missive emphasized your “obligations to identify and file...

Is your financial institution experiencing record check fraud losses? You're not alone if you answered "yes." FinCEN has reported huge increases in check fraud SARS filings. The FBI estimates that check fraud losses amount to $18 billion a year. Payments...