by Chinedu Nnadi | Apr 29, 2023 | RADD BUZZ
It is no longer news that Fintech products have become a disruptive force for global financial services. The worldwide adoption rate is now capped at 75%. However, the sudden and revolutionary changes in the Fintech industry are increasing exposure to risks and...
by Chinedu Nnadi | Apr 15, 2023 | RADD BUZZ
The success of Fintech companies is primarily predicated on their ability to challenge conventional banking models through technology. Still, they must also remain vigilant in ensuring that their products and operations do not cross the line of KYC/AML protocols. ...
by Chinedu Nnadi | Apr 3, 2023 | RADD BUZZ
The Consumer Financial Protection Bureau (CFPB) recently issued its long-awaited final rule to implement Section 1071 of the Dodd-Frank Act. Section 1071 amended the Equal Credit Opportunity Act to require financial institutions to collect and report certain data...
by Chinedu Nnadi | Mar 24, 2023 | RADD ENGAGE
Exciting news! We are thrilled to announce our latest engagement with a Fintech company based in Delaware. RADD LLC has been engaged to perform their BSA/AML review, helping them ensure compliance and mitigate risks. Does your financial institution need assistance...
by Chinedu Nnadi | Mar 16, 2023 | RADD ENGAGE
Exciting news! We are thrilled to announce that we just signed an engagement with a California Credit Union with an asset size of 4.5 billion. We will conduct their BSA/AML and OFAC audit and perform a gap analysis of their BSA Program. If your financial institution...