Harness technology to automate your compliance efforts

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Technology affords credit unions many benefits. It allows lenders to increase transaction speeds and analyze their risk management programs in ways that make life more convenient for both members and staff. Over the last few years, financial institutions and their partners have adopted technology across all facets of the business. From helping to increase the speed of payment settlement, organizing collections efforts, or accessing their team’s daily tasks through cloud-based software, embracing technology has re-shaped how many CUs operate and serve their members.So why aren’t more credit unions using technology—and specifically automation—to better manage their compliance efforts? And, should this be a priority for a credit union’s compliance team?After loan growth, managing the regulatory burden is the biggest challenge credit unions face, according to a 2016 FINTalk Report. Here are a few ways that automation can help you better manage your compliance efforts and put you more at ease. continue reading »last_img read more

Area Basketball Scores (1-26)

first_imgArea Basketball ScoresFriday  (1-26)Boys ScoresBatesville  45     North Decatur  44Columbus East  47     East Central  27Oldenburg  54     Jac-Cen-Del  44Lawrenceburg  61     South Ripley  59  (OT)Hauser  75     South Decatur  57Rushville  68     South Dearborn  32Rising Sun  72     Shawe Memorial  34Connersville  42     Mt. Vernon  37  (OT)Switz. County  63     New Washington  36SW Hanover  60     Clarksville  55SW Shelby  69     Waldron  40Morristown  69     Edinburgh  51Jennings County  68     Scottsburg  63Silver Creek  52     Madison  46Girls ScoresGreensburg  71     Lawrenceburg  55last_img read more