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...

Section 1071: Applicant-Provided Data

As you prepare to comply with Section 1071, your procedures will need to address how you will...

Breaking News: Beneficial Owner

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

Fair Lending & Different Treatment

The CFPB released a Report giving the results of some “matched-pair testing” it recently conducted...

Complaints: Seeing The Opportunity

Complaints are inherently negative, and we find that institutions often think dealing with them is...

HMDA: Common Data Field Errors – Part 1

HMDA compliance is tough! With all the data you are required to collect and report, there are bound...

Top Violations: TISA Consistent Terminology

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

The Struggle of UDAAP

The struggle of UDAAP is that it lurks in the gray areas. When it comes to compliance, a lot of the...

FDIC Signage

Changes are coming with respect to how you advertise FDIC insured and non-FDIC insured products....

Top BSA Violations: CIP

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