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CFPB and BSA/AML Compliance

Reading through all of my newsfeeds since the New Year, I have seen many things about JP Morgan and the CFPB deadline.  Although I did not initially have interest, regulatory guidance and helpful insights for Banks and Credit Unions ...

My Thought and Question for the Weekend!

With the looming CFPB (Dodd Frank) changes just around the corner, I thought to myself of other changes in the banking industry such as the Fact Act changes that happened and lack of initial fines from the regulators. My question i...

CFPB Consumer Complaint Site: Should it also have reviews.

Today, I overheard a coworker harping about how this financial institution did not disclose information to him concerning him closing his account, which falls under Regulation DD.  Being surrounded in the banking and credit union wor...

Know Your End User, Not Just the Industry

Finding your corner in the market can be difficult if you don’t know which hallway to walk down.  Once you find the hallway, it can be easy to find the corner that can provide your company or product to grow.  You will find yourse...

Banks Are Not the Only Sector Susceptible to Compliance Failure or Are they?

In the big waterfall of society slash “clients” running away from banks that occurred a year ago we found this trend to be formed from the financial crisis.  This lead to many different reasons why you should leave banks and go t...