News

AuditLink releases new analytics capabilities to combat money laundering

AuditLink, the audit and compliance division of CU*Answers, expanded on its robust anti-money laundering software with the fall release of the core data processing system CU*BASE. “We wanted to solve an age-old problem that most AML software providers have been unable to solve for years,” said Jim Vilker, VP and leader of AuditLink. “That problem […]

Conversations on Compliance on the road in Columbus, Ohio

AuditLink, the audit and compliance division of CU*Answers, hosted their Conversations on Compliance event in Columbus, Ohio in September. About a dozen credit unions from the surrounding central Ohio area attended the event, converging on Pathways Financial Credit Union which provided the venue and was a most accommodating host. Aptly named, the approach to these […]

AuditLink takes its Conversations on Compliance event on the road

AuditLink, the audit and compliance division of CU*Answers, hosted its Conversations on Compliance event in Madison, Wisconsin on August 21, 2019. It was held on the campus of the Credit Union National Association (CUNA). “We had attendees representing credit unions from Wisconsin, Illinois and Michigan,” said Marvin Johnson, AuditLink assistant manager. “We were really pleased […]

CU*Answers holds July 2019 AuditLink Vendor Watch session

CU*Answers, the 100% credit union-owned data processing CUSO, held July’s Vendor Watch webinar series with AuditLink. The free webinar was held on Tuesday, July 30th. AuditLink maintains a robust database of vendor due diligence and intelligence and sets the standard for due diligence for a national audience. Vendor Watch is a monthly webinar series focusing […]

AuditLink publishes white paper on the basics of internal controls

AuditLink, the audit and compliance division of CU*Answers, recently published a white paper and opinion piece on the basics of internal controls. Jim Vilker, VP of Professional services and head of the AuditLink division of CU*Answers stated the recent rash of large embezzlements and review of the indictments points to something that is pervasive: the […]

AuditLink hosts fifth annual Conversations on Compliance

AuditLink, the audit and compliance division of CU*Answers, hosted its fifth annual Conversations on Compliance event. Over fifty attendees were on site at the CUSO’s Grand Rapids, Michigan headquarters, coming from all over the country to learn about current topics related to compliance. The day’s agenda included presentations by AuditLink Manager Jim Vilker on de-risking […]

Fraud risk continues, anti-fraud training and awareness should as well

AuditLink, the audit and compliance division of CU*Answers, announced in February that Marvin Johnson, AuditLink assistant manager, renewed his Certified Fraud Examiner (CFE) designation. The Association of Certified Fraud Examiners (ACFE) is the world’s largest anti-fraud organization and provider of anti-fraud training and education. Fraud risk tends to draw more attention when large cases are […]

AuditLink assists and trains 40 clients on using CU*BASE® tools for abnormal activity monitoring

AuditLink, the audit and compliance division of CU*Answers, announced in February that it would provide all CU*Answers clients with a free session to configure and train staff on utilizing the CU*BASE tools to monitor for high risk suspicious member activity. Since then, forty credit unions have taken up the offer to learn more, with more […]

Daily Log Management client count continues to climb for AuditLink

AuditLink, the audit and compliance division of CU*Answers, has seen continued growth in its Daily Log Management services. Daily Log Management includes monitoring of BSA, suspicious activity, OFAC scans, employee accounts, wire transfers, dormancy, teller transactions, and file maintenance reviews. Jim Vilker, VP of Professional Services and division leader said, “this is all about our […]

AuditLink Vendor Management has a banner year

AuditLink, the audit and compliance division of CU*Answers, celebrated a stellar year in 2018 adding 27 new credit unions and CUSOs to its shared execution vendor management service offering. Jim Vilker, VP of Professional Services and manager of AuditLink, said, “we built this service based upon a cooperative mantra and have learned that vendor management […]