In light of the updated guidance from the NCUA, if your credit union would like to manually review and have the option to refund Automated Non-Return (ANR) and Insufficient Funds (NSF) fees for potential Approved Positive, Settled Negative (APSN) debit card transactions, the Asterisk Intelligence team has constructed a weekly report designed to identify suspect transactions. This report will be automatically generated each Monday morning starting January 13th, and can be found in your DAILYxx output queue, as well as archived to CU*Spy during end-of-day processing. This report will cover a one-week window of transactions, and should be worked consistently to allow for a good faith review and refunding of fees that are likely the result of a APSN scenario.
As we work towards further development, there are some caveats to using this report. For more information, click here to view our AnswerBook topic. Additional details and resources can be found on the Kitchen page.
