Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
Alert employees at Widget Financial Credit Union in Erie, PA, are being credited by federal authorities with helping to break an extensive tax refund scam involving the use of 11,468 stolen identities used to open 3,493 accounts at 443 credit unions and banks. In all, authorities say that the 16 people indicted in the scam sought to obtain more than $38 million in fraudulent tax refunds. [2/10/15]
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