Tag: regulatory compliance

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Survey Says: Compliance Costs Up, Regulatory Change on...

Regardless of personal political affiliation or opinion, the presidential election is over, and the focus has shifted from debate to the impact the new...

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FinCEN and email-compromise fraud...

How will the FinCEN revisions impact your business? (Part 2) I recently discussed the new FinCEN requirements to Customer Due Diligence. This time, I’d...

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FinCEN and Customer Due Diligence requirements...

How will the FinCEN revisions impact your business? (Part 1) Some recently published FinCEN revisions and advisories are causing a stir. First, let’s look at...

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4 Things to Do Before Dialing Your Customers...

In this new Telephone Consumer Protection Act (TCPA) era, calling your customers isn’t a thing of the past. It’s still okay to reach out...

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CFPB Issues Proposed Payday Lending Rule...

On June 2, the Consumer Financial Protection Bureau (CFPB) proposed a rule aimed at “payday lending” that will apply to virtually all lenders, with...

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The Alphabet Soup of Compliance...

Compliance definitions LOA, CIP, FACTA, KYC — These acronyms seem endless, and navigating compliance can be both confusing and a painful drain on resources....

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CFPB Stresses Need for Accuracy in Data Reporting...

Accuracy matters. It matters in dart throwing, math calculations, and now more than ever, in data reporting. The Consumer Financial Protection Bureau (CFPB) issued...

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Optimizing decisions at the point of acquisition...

By:Wendy Greenawalt In my last few blogs, I have discussed how optimizing decisions can be leveraged across an organization while considering the impact those decisions...

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Why a risk-based approach to compliance?...

Many compliance regulations such the Red Flags Rule, USA Patriot Act, and ESIGN require specific identity elements to be verified and specific high risk...

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How Red Flags Rule affects risk managers and complianc...

In my last entry, I talked about the challenges clients face in trying to meet multiple and complex regulatory requirements, such as FACT Act’s...

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How Red Flags Rule affects risk managers and complianc...

While the FACT Act’s Red Flags Rule seems to capture all of the headlines these days, it’s just one of a number of compliance...

Read More How Red Flags Rule affects risk managers and compliance officers, Part 1