Obstacles into Opportunities: How RegTech Transforms Vendor Compliance in Financial Services
Robust vendor networks are critical for success in the financial industries. Banks, credit unions, and other financial organizations increasingly outsource key functions to third parties—a development that has not gone unnoticed by regulators. The CFPB, FDIC, and OCC have all increased scrutiny over financial institutions’…
In Business, Who Can You Trust?
Trust in business used to mean looking a partner in the eye and having confidence in their integrity. The concept of trust has evolved over time as business itself has grown more complex and the interdependence of companies increased. Due diligence on business partners is now the standard practice. But even now, is standard due diligence enough?