Tag: regulatory compliance

Since 2002, lenders have been aware of the importance of Know Your Customer (KYC) and the associated Customer Identification Program (CIP) requirements. As COVID-19...

Published: February 23, 2021 by Chris Ryan

According to Experian’s latest Global Insights Report, 38% of consumers expect to increase their online activity in the next 12 months. The report also...

Published: February 19, 2021 by Alison Kray

2020 is finally over – been there, done that. And while it seems safe to say most everyone is all too eager to kick...

Published: January 4, 2021 by Stefani Wendel

When running a credit report on a new applicant, you must ensure Fair Credit Reporting Act (FCRA) compliance before accessing, using and sharing the...

Published: May 11, 2020 by Laura Burrows

One of the most difficult parts of combating fraud is the ability to distinguish between the variety of fraud types. To properly manage your...

Published: May 6, 2020 by Alison Kray

With new legislation, including the Coronavirus Aid, Relief, and Economic Security (CARES) Act impacting how data furnishers will report accounts, and government relief programs...

Published: April 15, 2020 by Laura Burrows

Article written by Alex Lintner, Experian’s Group President of Consumer Information Services and Sandy Anderson, Experian’s Senior Vice President of Client and Sales Operations...

Published: April 14, 2020 by Guest Contributor

Over the years, businesses have gathered a plethora of datasets on their customers. However, there is no value in data alone. The true value...

Published: October 15, 2019 by Kelly Nguyen

To provide consumers with clear-cut protections against disturbance by debt collectors, the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking (NPRM)...

Published: October 14, 2019 by Laura Burrows

Earlier this year, the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking (NPRM) to implement the Fair Debt Collection Practices Act...

Published: August 19, 2019 by Laura Burrows

Have you seen the latest Telephone Consumer Protection Act (TCPA) class action lawsuit? TCPA litigations in the communications, energy and media industries are dominating...

Published: July 30, 2019 by Laura Burrows

Financial institutions preparing for the launch of the Financial Accounting Standard Board’s (FASB) new current expected credit loss model, or CECL, may have concerns...

Published: June 12, 2019 by Laura Burrows

What is CECL? CECL (Current Expected Credit Loss) is a new credit loss model, to be leveraged by financial institutions, that estimates the expected...

Published: June 7, 2019 by Laura Burrows

Federal legislation makes verifying an individual’s identity by scanning identity documents during onboarding legal in all 50 states Originally posted on Mitek blog The...

Published: September 2, 2018 by Guest Contributor

Customer Identification Program (CIP) solution through CrossCore® Every day, I work closely with clients to reduce the negative side effects of fraud prevention. I...

Published: July 27, 2018 by Chris Ryan