Weighing in at 1,334 pages, the CFPB’s payday lending rule proposal can be daunting. But in the latest addition to the Risk Watch series, AdvisX analyst Zac Stucki breaks down the four things financial institutions need to know about the changes the CFPB is trying to make. The video can be found here.
“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.