FREDERICK, MD (April 10, 2015) -- A new online video in the Risk Watch series discusses remittance transfers. The rules to remittance transfers, which were already complicated, had some major rerouting recently by the CFPB. The video features AffirmX senior analyst Coppelia Padgett, who notes the confusion that usually accompanies remittance transfers.
“Though remittance transfers often offers a bumpy road, when you know the right routes, rules, and detours you can navigate easily through,” Padgett said.
The video can be found here. The Risk Watch series had its one-year anniversary in March. The series was created with the intent of presenting convoluted information in a digestible manner for financial institutions.
“The Risk Watch video series is just one of the ways our team of experts is helping financial institutions proactively address compliance challenges,” said Ken Wolff, CEO of AffirmX, which sponsors the series. ”We encourage credit unions of all sizes to take advantage of these educational resources and contact us to learn more about our solutions.”
AffirmX provides automated risk intelligence solutions that help financial services institutions reduce risk management workloads, anxieties and costs. The AffirmX Risk Intel Center delivers accurate risk intelligence based on expert review of internal and external data sources through a query-based workflow engine. AffirmX enables clients to spend less time searching for issues and more time proactively remediating and mitigating risks so that they can focus on their core business.
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