Mandate Review

Mandates – What are they?

Network vendors in the card processing marketplace deliver important communications to their clients and data processors that can contain required programming changes and important information, sometimes with short deadline dates. These are referred to as “Mandates”.

Mandates can be a result of regulation changes, VISA/MasterCard rules, or improved processing or changes from the EFT vendor. We want to keep you updated on how our priorities are set and changes that are forced into those priorities for platform compliance.

We use communications from the EFT vendors delivered through our  ‘Mandate” delivery channel or directly from you! We appreciate the time you take to insure we are up to date on these requirements!

Please forward these communications to the SettleMINT EFT Team at eftsolutions@cuanswers.com so we can keep everyone informed!

We appreciate your input.

Questions can be sent to settleminteft@cuanswers.com

Updated
February 13, 2018

Posted by & filed under .

Related News

Join Us for a Conversation on Bill Pay/P2P: Fraud Best Practices

Join Us for a Conversation on Bill Pay/P2P: Fraud Best Practices

SettleMINT EFT invites you to join us for a Conversation on Bill Pay/P2P!  During our first session, we will discuss best practices for addressing fraudulent activity.  Topics discussed will include: How fraudulent activity via Bill Pay/P2P is discovered Best practices for catching fraudulent activity Annual reviews Fraud monitoring systems (Fraud Net, Paywatch, etc.) Recommendations presented… Read more »

Feb 15, 2023

Join Us for a Conversation on Plastics as We Discuss Brute Force BIN Attacks

Join Us for a Conversation on Plastics as We Discuss Brute Force BIN Attacks

Join the SettleMINT team for a Conversation on Brute Force BIN Attacks!  Our inaugural session will be hosted via Zoom and will feature special guest Jim Vilker, VP of Professional Services with AuditLink.  During this kickoff meeting, we will discuss: How Brute Force BIN Attacks are discovered Recommendations for mitigating risk at the vendor or… Read more »

Feb 15, 2023

Gain a Clearer Picture of Your Online Credit Card Portfolio

Gain a Clearer Picture of Your Online Credit Card Portfolio

Online Credit Card Portfolio Profitability is a FREE download for Microsoft Excel that serves to assist your credit union in calculating your monthly credit card income, expenses, and overall profits.  The process is super simple to complete, using data from CU*BASE dashboards and reports.  This fast and convenient tool is easy to add to your… Read more »

Dec 20, 2022

CU*Answers assists Michigan United CU in converting credit cards from merger with Metro North CU

The CU*Answers SettleMINT EFT Team converted 1,166 credit card loans for Michigan United Credit Union to the CU*BASE online credit card platform. This conversion brings over the Metro North CU portfolio that Michigan United acquired in their merger and combined with their current online portfolio. “A major benefit for credit unions moving to the online […]

Aug 17, 2022

CU*Answers assists County City Credit Union in converting their credit card portfolio on CU*BASE

The CU*Answers SettleMINT EFT team converted 503 credit card loans for County City Credit Union to the CU*BASE online credit card platform. County City Credit Union, located in Jefferson, WI brought their credit card portfolio in-house. “Real time payments and disbursements within It’s Me 247 are just a couple of the benefits for credit unions […]

Jul 22, 2022

CU*Answers assists Santee Cooper Credit Union in converting their credit card portfolio to CU*BASE

The CU*Answers SettleMINT EFT Team converted 967 credit card loans for Santee Cooper Credit Union to CU*BASE online credit card platform. Santee Cooper Credit Union, located in Moncks Corner, SC, brought their credit card portfolio in-house. “One benefit for credit unions moving to the online credit card platforms is that their members are allowed to […]

Jul 1, 2022

CU*Answers assists Firefighters Credit Union with a credit card start-up

The CU*Answers SettleMINT EFT team assisted Firefighters Credit Union located in Onalaska, WI, with starting up a credit card program in CU*BASE. “One benefit for credit unions having an online credit card program is that their members are allowed to make real time payments and disbursements via It’s Me 247 Online Banking to their credit card loans,” […]

Jun 30, 2022