Banker's Compliance Consulting Blog

Deepfake Media Fraud Schemes

Artificial intelligence (AI) is a hot topic right now and while it is very useful in certain...

Breaking News: Beneficial Owner

We have some breaking news regarding the attempts to modernize the beneficial ownership rules. You...

Top Violations: TISA Consistent Terminology

One violation that our Review Team finds pretty consistently is the Truth in Savings Act (...

Top BSA Violations: CIP

At our Virtual BSA/AML Conference in November, there was a session on “Top BSA / AML Violations &...

Components of a Money Laundering Scheme

The Bank Secrecy Act was implemented to help detect and prevent money laundering and terrorist...

RESPA Section 8: Digital Marketing Comparison Platforms

Back in February 2023, the CFPB issued an Advisory Opinion to alert institutions to the...

AML/CFT Changes are Coming!

You may have heard about the Proposed Rule to strengthen and modernize financial institutions...

Top Violations: Application Date

There really isn’t a regulatory requirement to document the application date within your loan file....

Join the AML/CFT Membership Group!

Due to the overwhelming success of our 1071 Thought Leadership, Implementation & Planning Group, we...

Congress Mandates Monthly Installments for Flood Insurance

FEMA recently issued a Final Rule that will give National Flood Insurance Program (NFIP)...