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Western Unions Pays $184 Million for Ignoring Vendor Due Diligence

Western Unions Pays $184 Million for Ignoring Vendor Due Diligence

After failing to conduct adequate due diligence on vendors, incl. background checks and on-site reviews, the $184MM fine may be its biggest transfer yet.

Feb 23, 2017 1 min read
Are You Delegating These 3 Key Areas of Compliance Yet?

Are You Delegating These 3 Key Areas of Compliance Yet?

Explore how the most successful compliance officers are delegating and leveraging experts to reduce overwhelm and better manage risk.

Feb 7, 2017 6 min read
Compliance Risk - Avoid Vendor Compliance Failures by Properly Assessing Risk

Compliance Risk - Avoid Vendor Compliance Failures by Properly Assessing Risk

Compliance risk is one of the 10 biggest vendor risks facing FIs—and the reason why FIs need to know the whats, hows and whens of its vendors’

Dec 19, 2016 3 min read
Are These Top 3 Compliance Priorities for 2017 on Your List?

Are These Top 3 Compliance Priorities for 2017 on Your List?

2016 is coming to a close, and 2017 preparations are in full swing. Read this blog to learn 3 top compliance priorities for next year. Are they on your lis…

Dec 15, 2016 2 min read
Compliance 101: Defining REMAs, Assessment Areas & More
CRA

Compliance 101: Defining REMAs, Assessment Areas & More

Learn the definition of key terms like REMA, Assessment Area & Performance Context, which are essential for Fair Lending, CRA and Redlining compliance...

Nov 7, 2016 4 min read
The Real Cost of Compliance for Lenders [Infographic]
CRA

The Real Cost of Compliance for Lenders [Infographic]

The cost of compliance for banks and lenders in 2016 is high. Learn key facts and figures about the real cost of compliance with this free infographic!

Aug 11, 2016 2 min read
5 Reasons to Smile About Regulatory Compliance

5 Reasons to Smile About Regulatory Compliance

If you are headed to San Diego for the ABA Regulatory Compliance Conference, please visit TRUPOINT in booth 415. Here are 5 things we're looking forward to…

Jun 9, 2016 2 min read
5 Regulatory Compliance Priorities for 2016 and Beyond
CRA

5 Regulatory Compliance Priorities for 2016 and Beyond

Here are 5 regulator priorities for 2016 and beyond - use this insight to plan your compliance goals for the new year!

Jan 6, 2016 4 min read
7 Time Management Hacks for Super-Busy Compliance Professionals

7 Time Management Hacks for Super-Busy Compliance Professionals

Compliance officers deal with lots of work-related stress. Use these 7 time-management hacks to be more productive and reduce stress!

Oct 27, 2015 4 min read
Put Work-Life Balance in Your Compliance Budget!
CRA

Put Work-Life Balance in Your Compliance Budget!

Learn how to put work-life balance back in your compliance budget by reducing stress, improving efficiencies, and finding more fulfillment at work!

Oct 2, 2015 4 min read
4 Common Characteristics of the Best Compliance Officers

4 Common Characteristics of the Best Compliance Officers

You won't believe how easy it is to apply the 4 characteristics of the most effective compliance pros to your work. Check them out!

Aug 27, 2015 3 min read
5 Things to Consider Now That 7,700+ Consumer Complaints are Public

5 Things to Consider Now That 7,700+ Consumer Complaints are Public

The CFPB's Complaint Database now includes consumer narratives. Here are 5 considerations for improving complaint management (plus answers to 7 FAQs)!

Jul 16, 2015 3 min read
5 Key Insights Every Compliance Officer Should Know

5 Key Insights Every Compliance Officer Should Know

Here are 5 key insights about regulatory compliance that all compliance officers need to know and implement, highlighted at 2015's ABA compliance...

Jun 18, 2015 3 min read
5 Hot Compliance Topics to Explore at the Upcoming Compliance Conference

5 Hot Compliance Topics to Explore at the Upcoming Compliance Conference

Here are 5 hot compliance topics we're looking forward to discussing at the upcoming regulatory compliance conference!

Jun 9, 2015 2 min read
12 Compliance Recommendations on Auto Lending from a DOJ Settlement

12 Compliance Recommendations on Auto Lending from a DOJ Settlement

The DOJ recently shared these 12 recommendations for indirect auto fair lending compliance, based on a recent settlement.

Mar 31, 2015 5 min read
3 Reasons Why BSA/AML Risk Assessments Are Essential for Compliance

3 Reasons Why BSA/AML Risk Assessments Are Essential for Compliance

Find out why it's important to conduct a BSA / AML compliance risk assessment, and get a risk-free, no-obligation consultation today.

Jan 7, 2015 3 min read
5 Focus Areas for Fair Housing Community Groups: Is Your CMS Ready?

5 Focus Areas for Fair Housing Community Groups: Is Your CMS Ready?

HUD awarded $40 million in grants to fair housing organizations for Fair Lending investigations. Here are the 5 key areas of focus.

Oct 21, 2014 3 min read
Are Your Underwriting Policies Creating Fair Lending Risk?

Are Your Underwriting Policies Creating Fair Lending Risk?

Recent settlements provide key insights about underwriting, disability income and ATR. Sample HUD-approved policy language included.

Aug 26, 2014 6 min read
6 Questions to Test Your Compliance Culture

6 Questions to Test Your Compliance Culture

Compliance culture is critical for regulatory compliance. Evaluate your financial institution's compliance culture with this free-self assessment.

Aug 14, 2014 3 min read