AuditLink, the audit and compliance division of CU*Answers, hosted their Conversations on Compliance event at the new CU*Answers Innovation Center in Las Vegas, Nevada on March 22nd, 2022. Compliance professionals from across the country interacted and shared thought-provoking ideas related to compliance and risk management. Jim Vilker, AuditLink leader and VP of Professional Services, engaged…
AuditLink, the audit and compliance division of CU*Answers, celebrated a stellar year in 2021 adding 24 new credit unions and CUSOs to its shared execution vendor management service offering. Jim Vilker, VP of Professional Services said, “we built this service based upon a cooperative mantra and have learned that vendor management is about hard work.”…
AuditLink, the audit and compliance division of CU*Answers, hosted their Conversations on Compliance event in Dayton, Ohio in November. Compliance professionals representing credit unions from the surrounding central and northern Ohio areas attended the event, converging on MyUSA Credit Union which provided the venue. Keri Lillie of Lillie & Company joined AuditLink representatives to present…
Fiscal 2021 was a record year of growth for daily log management (DLM) services provided by AuditLink, the audit and compliance division of CU*Answers. Marvin Johnson, AuditLink manager, reflected on this noting, “despite the extenuating challenges that we all experienced in 2020 into 2021, we added sixteen new clients during that time, and we are…
AuditLink, the audit and compliance division of CU*Answers, has developed a change management and data governance methodology for documenting configuration changes. The Transaction Pattern option within the Abnormal Activity Monitoring CU*BASE tool was designed to arm credit unions with a means to identify anomalous account activity daily. “When this new pattern recognition software is configured…
AuditLink, the audit and compliance division of CU*Answers, announced new native fraud detection functionality in the most recent release of CU*BASE®, the CUSO’s flagship core data processing platform. Jim Vilker, VP of Professional Services and leader of the AuditLink division, indicated that sets this apart from third-party standalone systems requiring an exchange and translation of…
AuditLink, the audit and compliance division of CU*Answers, has released new end-to-end contract management to its existing vendor management platform. The new functionality is designed to archive contracts, enter critical information revolving around the vendor relationship, configure critical contract and notification dates, and subscribe to notifications—with no limit to the number of contracts that can…
The CU*Answers AuditLink team, a division of CU*Answers, the 100% credit union owned cooperative based in Grand Rapids, Michigan, announced their 6th Annual Conversations on Compliance event for May 18th. The event will be hosted at the Amway Grand Hotel in Grand Rapids and the topics covered include regulation of the commercial marijuana industry in…
AuditLink, the audit and compliance division of CU*Answers, and Lillie & Company, a CPA services provider, recently facilitated a joint web conference on credit union internal controls and fraud controls attended by over 100 credit unions. Lillie & Company is and has been one of the main CPA firms contracted to perform forensic analysis for…
Daily log management (DLM) services provided by AuditLink, the audit and compliance division of CU*Answers, continue to draw interest. Marvin Johnson, AuditLink Manager reflected on this and noted, “we breached the 100-client mark last year and started fiscal 2021 strong, signing three credit unions with one more onboarding next month.” Johnson continued, “it’s exciting to…