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New Risk Watch video highlights the CFPB’s proposed changes to ECOA

FREDERICK, MD (April 7, 2017) — The CFPB has recently proposed some significant amendments to Regulation B, which implements the Equal Credit Opportunity Act. While for now they are just proposed changes, it’s a good idea to be aware of what’s on the horizon so that you’ll be prepared to respond appropriately. A free online video in the Risk Watch series outlines the proposed changes. Watch it at http://www.riskinbox.com/risk-watch-extra.

“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.


About AffirmX

Subscribe to www.riskinbox.com for email updates on what’s hot right now in compliance and risk for credit unions. For more information on AffirmX's unique compliance solutions and consulting services, visit affirmx.com or advisx.com.

Contacts

Jonathan Ferguson
AffirmX
jonathan.ferguson@affirmx.com
1-888-972-3624, ext. 7019

 

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