Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
It benefits neither society or consumers. The courts will need to accommodate 6,000 more cases every five years, with costs passed onto taxpayers. The cost of defending and settling cases, estimated to be as high as $5 billion every five years, will be passed along to consumers. And the bottom line is that consumers who do win a class-action case usually have to wait years to recover an average of $32.35. [8/26/16]
Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video