Compliance Insider by TruStage Compliance Solutions

Pem Guerry, Executive Vice President at SIGNiX, returns to talk more about identity fraud - specifically where financial institutions are vulnerable and what they can do to fix it.

Fraudsters today are becoming increasingly savvy when it comes to identify theft and compromising data. In today’s episode, we speak with Pem Guerry, Executive Vice President at SIGNiX, about the risks faced by both financial institutions and consumers and how they can protect themselves.

For years, contract language has been a challenge to decipher for consumers. Some call it ‘legalese’ while others just call it confusing. That led to an exercise in redrafting our contract language to make it easier for consumers to understand.

It's taken ten years to get to the final rule for Section 1071 of the Dodd-frank Wall Street Reform and Consume Protection Act. In this episode, we talk to Steven Vandelier and Bill Franks, both attorneys with Compliance Systems, about what you need to know when it comes to the final rule.

In this episode, we will talk to Ben Norquist of Convergent and Lauren Bray, Product Specialist and Counsel with Compliance Systems about the recently released Secure Act 2.0 and what financial institutions should do in response.

In this episode, we will have a conversation with Steve Bishop, Chief Operating Officer at OMB Bank and Jordan Ennest, Product Specialist & Counsel from Compliance Systems about how financial institutions are leveraging digital banking solutions to meet the changing needs of their client base.

This episode takes a closer look at crypto custodians and how their role is different from the role usually played by financial institutions, along with some considerations for banks and credit unions that may want to offer crypto custodian services.

In this episode, we’ll be speaking about some best practices and considerations to keep in mind when operationalizing your treasury management services. 

In this episode, we’ll discuss the FTC’s proposed rule on motor vehicle sales and disclosures, and the potential impacts it may have on lenders and the industry as a whole.

This episode focuses on short-term, no interest credit products offered at the point of sale online and the CFPB’s recent interest in them. We also discuss how financial institutions can compete with these products.