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NewSolutions Dashboards Expected 4th Qtr
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The most effective way to gauge financial performance is through monitoring various metrics relevant to your credit union and staff members.
Share One's development team is working to deliver dashboards that will reside within the NewSolutions home page by fourth quarter this year and will be customizable to provide statistics specific to a variety of staff members within the credit union.
Dashboards will display key performance indicators that will enable your credit union to better analyze fundamental business decisions. From a high-level overview to operational analysis, dashboards will provide you with the information needed to make necessary and timely decisions with greater understanding.
Stay tuned! More information will follow in the coming months. Also, SYNC 2018 is currently slated to feature a Dashboard session.
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Ole Red Confirmed for SYNC 2018 Kick-Off Dinner
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Join us on Sunday, October 21, at Blake Shelton's highly anticipated
Ole Red Nashville for the SYNC 2018 Kick-Off Dinner! Located at 300 Broadway in downtown Nashville, Ole Red is a restaurant and live music venue inspired by Blake Shelton's No. 1 hit, "Ol' Red".
All attendees are invited to join in the fun as celebrations begin for the official kick-off conference event. Network with attendees from across the country, Share One staff, and vendor representatives while e
njoying a high-end southern meal and hand-crafted adult beverages.
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Gaylord Springs Confirmed as SYNC 2018 Golf Venue
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Early arrivals for SYNC 2018, join us for a shotgun scramble at
Gaylord Springs Golf Links, located 15 minutes from the Nashville airport and 20 minutes from the host property, Hilton Downtown Nashville.
Tee time is scheduled for 8:30 AM on Sunday, October 21. More details to follow regarding transportation. Please contact
Zachary Miller if you have any questions.
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Please join us October 20-24 for SYNC 2018 - Tune In, Tune Up! - hosted at the Hilton Downtown in Nashville, TN.
Tune in to the latest trends in financial services and we'll help you tune up your operations. Collaborate with our team of experts and credit union professionals from around the country to share best practices and learn about the newest products, features, and system enhancements that will keep your credit union successfully serving your members.
Presentations are designed to inform and educate a wide variety of credit union professionals so that subject matter will appeal to everyone. We are working to finalize an action-packed agenda that will include more customized content for attendees.
The Hilton Nashville Downtown room rate is $259 per night, available October 19-25.
Anthony Huey is a highly-rated international speaker and communications consultant who offers session attendees pragmatic communications tools, tips and techniques they can use immediately. His career includes tenures as a news reporter, magazine senior editor, crisis management specialist, media relations consultant and executive speech coach.
His client work includes a wide variety of advertising, public relations and communication initiatives for hundreds of trade associations, municipalities and companies, including Nike, Victoria's Secret, Eli Lilly, Nationwide Insurance, The Kroger Company, and Proctor & Gamble.
Payments Risk and Fraud Specialized Speaker
Rayleen Pirnie is a nationally recognized payments risk and fraud expert who offers specialized consulting services, procedural and risk management reviews, and payments education. Rayleen's specialized skill is delving into the world beyond the payment rules, areas where organizations often find themselves in positions of liability or loss with little to no clear guidance. She is an Accredited ACH Professional (AAP) who has worked with all payment systems for nearly 20 years.
Rayleen wants to prepare for you! If you have specific topics or questions you would like to discuss during Rayleen's ACH presentation let us know here!
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FEEDBACK REQUESTED!
Make an impact on our NewSolutions Core Development and let us know what you feel is important! All credit union clients have the opportunity to submit three core enhancements for voting which will take place at SYNC 2018.
Highlight your credit union's innovative products/services or community development initiatives with your Share One client peers. Showcase your successes in a 10-20 minute presentation at SYNC 2018.
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Customer Due Diligence Effective May 11, 2018
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In May 2016, the U.S. Treasury Department's Financial Crimes Enforcement Network (FinDEN) issued
final rules regarding beneficial owner identification obligations for legal entity customers (the "Rule").
Under the Rule, covered financial institutions must establish procedures to:
- Identify each natural person that directly or indirectly owns 25% or more of equity interests of a legal entity customer (the "ownership prong");
- Identify one natural person with "significant responsibility to control, manage, or direct" a legal entity customer (the "control prong"), which may be a person reported under the ownership prong; and,
- Verify the identities of those persons according to risk-based procedures, which procedures must include the elements currently required under the Customer Identification Rule at a minimum.
Identification of those beneficial owners must be conducted at the time a new account is opened.
Compliance with the Rule's requirements is mandatory by May 11, 2018
(the "Applicability Date").
Implementation of the new Customer Due Diligence requirements for beneficial owners of legal entity accounts is effective May 11, 2018, and
will require an upgrade to Release 337. New code will allow beneficial owner records to be added to accounts using a new link type. A copy of the model certification form has also been added to NewSolutions.
Please contact Customer Service to schedule your upgrade to Release 337.
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Disaster Recovery Test Schedule
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Date
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Credit Union
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| May 21-25 |
Class Act FCU |
| June 18-22 |
University Credit Union |
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