Bitcoin Takedown: DOJ Seizes $15 Billion from Global “Pig Butchering” Scam DOJ Seizes $15 Billion in Bitcoin from Global “Pig Butchering” Scam U.S. authorities dismantle a massive crypto-fraud and human trafficking network operating out of Southeast Asia. Summary The U.S. De...
Understanding Nacha’s New IAT Definition: What It Means for AML and OFAC Compliance Understanding Nacha’s New IAT Definition: What It Means for AML and OFAC Compliance Have you been hearing the buzz about Nacha’s new definition for International ACH Transactions (IATs)? If you haven’...
IAT Redefined: What Nacha’s Latest Rules Mean for Your Institution Nacha has advanced a series of rule amendments aimed at tightening clarity, improving compliance, streamlining cross-border flows, and strengthening the network’s ability to deal with risk. Below is a...
Charting the Future of Community Banking: Reflections from the CBWV CEO & Directors Conference I had the opportunity to attend the 2025 Community Bankers of West Virginia (CBWV) CEO & Directors Conference at Stonewall Resort. This gathering brought together community bank leaders, directors, an...
Reflections from MoneyLIVE North America 2025: Innovation, Collaboration, and the Next Chapter of Payments Reflections from MoneyLIVE North America 2025: Innovation, Collaboration, and the Next Chapter of Payments This year’s MoneyLIVE North America brought together leaders across banking, fintech, and pay...
Strengthening Compliance and Collaboration: A Look Back at NEACH Payments Group’s Q2 Town Hall At NEACH Payments Group’s second quarter Client Town Hall, compliance professionals, advisors, and financial leaders gathered with a shared purpose: to strengthen their programs, exchange insights, an...
Community Banking is Far From Dead: Reflections from the PACB Annual Convention Community Banking is Far From Dead: Reflections from the PACB Annual Convention Community banking is alive, vibrant, and more essential than ever. That was the clear message that came through during t...
Collaborating for Compliance: Building a Guide to the 2026 Nacha Rule Changes In the payments industry, change is a constant. Rules evolve to keep pace with fraud trends, technology, and customer expectations. For many financial institutions and payment providers, the challenge...
Same Day ACH Returns - Visualized Why Isn’t Everyone Using Same-Day ACH Returns? Same-Day returns offer significant benefits—so why aren't more financial institutions taking advantage of them? Every FI seems to have its own reasons, b...
Audit Requests Surge—How to Prepare for Nacha's Demands Nacha has announced it will begin selecting 460% more financial institutions each month to prove completion of their annual ACH compliance audits. Historically, Nacharandomly selects 125 Financial Ins...
Think Sanctions Are Just for Banks? Treasury Fine Proves Otherwise Think Sanctions Are Just for Banks? Treasury Fine Proves Otherwise U.S. Department of the Treasury fined a global logistics company yesterday. Key Logistics, based in DE, voluntarily disclosed its vio...
FinCEN’s CIP Exception Final Order 📰 The end of last week brought potential changes for BSA/AML programs from FinCEN’s perspective. Friday, FinCEN issued a Final Order providing financial institutions greater flexibility for collecting...