From the 2019 ABA RCC: Andy Sandler Talks Reg Exam Prep, 2018 HMDA, and More.
American Bankers Association's Sam Lisker speaks with Andy Sandler on the ABA RCC Experience Podcast about regulatory exams prep, 2018 HMDA Peer Data, and leveraging tech to improve operational efficiency and keep up with the ever-changing regulatory landscape.Read More
Auto Lenders Beware: State Regulatory Enforcers Step In Where Federal Enforcers Back Off
Auto lenders should guard against complacency engendered by the Trump Administration’s noticeable easing of regulatory enforcement, rules, and regulations.Read More
The CFPB Urges Financial Institutions to Report Elder Financial Exploitation
The Consumer Financial Protection Bureau (CFPB) issued an advisory on Wednesday, July 17, 2019 asking all financial institutions to report any instance of elderly abuse, also referred to as Elder Financial Exploitation (EFE).Read More
What Does Real-Time Compliance Management Really Mean?
At last year’s new regulatory technology conference, RegTech Enable, two telling statistics revealed the mounting cost for financial lending institutions to maintain and respond to government compliance: United States banks paid out $150 billion in fines, settlements and penalties since 2008, and financial institutions spent $70 billion on regulatory compliance. American Bankers Association reported that 84% of banks needed to hire more staff to manage the growing influx of information and changes.Read More
The Next Wave In Data Security
Asurity Technologies leads by a central principle that to build the best solutions, we must have the best infrastructure to support them. Now, with a new private data center co-located in Ashburn, Virginia and Sacramento, California, we upped our game in providing compliance solutions built using modern technologies with reliability and security in mind.Read More