Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
According to the CFPB, 80 percent of account holders have not opted in to their institution’s overdraft coverage for debit card transactions, and most institutions don't provide an overdraft limit without an opt in. This means denied transactions, frustrated consumers, and ultimately less frequent card use. Here's the best way to help consumers understand their debit payment and overdraft choices. [11/6/17]
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