by Chinedu Nnadi | Mar 7, 2024 | RADD BUZZ
Stringent laws worldwide require banks to implement measures against money laundering. In the US, banks implement these measures through the Bank Secrecy Act(BSA)/Anti-Money Laundering Act (AML), referred to as the BSA/AML Compliance Program in this blog. Since its...
by Chinedu Nnadi | Mar 7, 2024 | RADD BUZZ
Fintech companies stand at the forefront of innovation in the rapidly evolving financial technology landscape, offering services ranging from digital banking and payments to investment and lending platforms. As these companies redefine financial services, they also...
by Chinedu Nnadi | Mar 6, 2024 | RADD BUZZ
As we delve deeper into the digital era, the landscape of internal auditing continues to evolve at an unprecedented pace. The year 2024 has ushered in a new set of challenges and opportunities for internal audit professionals, driven by rapid technological...
by Chinedu Nnadi | Mar 6, 2024 | RADD BUZZ
Compliance policies are a critical pillar for financial institutions and fintech companies, entwined with trust, integrity, and operational success. These entities face a challenging landscape, marked by stringent regulatory requirements that span across both local...
by Chinedu Nnadi | Jan 22, 2024 | RADD BUZZ
Staying informed and compliant is key to a financial institution’s success in our current, rapidly evolving compliance landscape. One of the latest and arguably most significant issues in the space is the CFPB’s section 1071 or the “Small Business Lending Rule”....