Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
Many in the banking industry deride the CFPB's consumer complaint database as a thorn in their side. However, the voice of consumers is typically considered a business' most valuable asset. While the CFPB's complaint database isn't without its flaws, it nevertheless complaints can be early indicators of where regulatory scrutiny is heading next as well opportunities for new products for which there is a growing need. [5/13/19]
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