Secrets to  Budgeting for BSA/AML and Fraud Software

Secrets to Budgeting for BSA/AML and Fraud Software

As budgeting season kicks off, it is important to understand your department’s goals for the next year in order to accurately budget for BSA/AML and Fraud software. Budgeting for BSA/AML and Fraud Software now will make sure your team is prepared to protect your institution in 2018. 

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Understand Your BSA/AML Software Alerts

Understand Your BSA/AML Software Alerts

Examiners are expecting BSA/AML and Fraud professionals to understand their automation processes. Don't fall victim to the "magic box" solution that leaves you without answers when you are asked to explain how alerts are generated and why certain transactions generate an alert. 

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6 Cramming Tips for the AAP Exam

6 Cramming Tips for the AAP Exam

Are you prepared for the AAP Exam? Exam day is just around the corner for those taking the AAP (Accredited ACH Professional) Exam. If you have committed to taking the exam this October, congratulations! A passing score will grant you those coveted letters after your name—AAP—which NACHA considers the “Gold Standard in Payments Accreditation”.

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Hands-On BSA & AML Training – Regional User Group Meetings

Hands-On BSA & AML Training – Regional User Group Meetings

BSA & AML training is important to every AML professional and BSA program. Banker’s Toolbox offers more than just AML software we are dedicated to delivering “Success, Not JUST Software”. It is our goal to accelerate the success of our customers by providing them with the tools and knowledge they need to make their daily tasks easier. The Banker’s Toolbox Regional User Groups enrich customer BSA & AML training through ongoing engagement, continued education, and resource sharing. 

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Program Integrity Begins With Custom AML Software

Program Integrity Begins With Custom AML Software

Are you in control of your BSA program? As criminals get smarter and smarter, those on the front-line detecting and preventing their devious behaviors must become more aware of what it takes to identify criminal activity and stay compliant. Learn why regulators want to see a custom AML software.

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Banker’s Toolbox is one of the 10 Fastest Growing Software Companies of 2017

Banker’s Toolbox is one of the 10 Fastest Growing Software Companies of 2017

The Silicon Review recognizes Banker’s Toolbox one of the 10 Fastest Growing Software Companies. Its commitment to customers is unmatched in the BSA/AML industry and is reflected in their dedication to customer support. Building a community of happy employees and customers has always been the mission with which the company works, especially during their recent growth.

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5 Things to Look for When Selecting an OFAC Scanning Software

5 Things to Look for When Selecting an OFAC Scanning Software

Selecting an OFAC scanning software can be difficult.. Here are a few tips!  OFAC regulations and sanctions are constantly changing. When looking at OFAC scanning software, it is important to find a solution that can stay up-to-date with the ongoing changes and will keep your organization compliant. Fines for violating OFAC regulations range from $50,000 to $10 million, and imprisonment can range from 10 to 30 years for willful violations. Civil penalties range from $11,000 to $1 million for each violation. Having the right protection in place is critical for you and your institution!…...more →
BAM+ 4.0 Release | Enhancements to BSA/AML and Fraud Solution

BAM+ 4.0 Release | Enhancements to BSA/AML and Fraud Solution

AUSTIN, TX – JULY 10th, 2017 – Banker's Toolbox solidifies its position as the premier solution for fast-growing financial institutions with the release of BAM+ 4.0 upgrade. With over 20% of the market share for financial institutions over 1 billion in assets, and 30% of the market for financial institutions over 5 billion, Banker’s Toolbox aims to extend its dominance in the highest tiers of the BSA/AML and Fraud prevention marketplace with the release of BAM+ 4.0.

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