Compliance Center: NACHA Passes Two Rules to Increase ACH Network Quality

New AHC Network rules, legal briefs and the compliance question of the week.

Credit Unions Say Debit-Card Fraud May Be Linked to Wholesale Grocer’s Stores

Credit unions in eastern Washington, Idaho and Montana are being urged to watch for unauthorized debit- and credit-card transactions this week as the U.S. Secret Service continues to investigate a rash of fraud cases that may be linked to a local grocery wholesaler.

Strategic Link Question of the Week

An individual used a shared-branch kiosk located at a convenience store and accessed a member’s account without authorization. Numerous unauthorized withdrawals were made on the member’s account. Does our insurance cover that?