by Chinedu Nnadi | Feb 25, 2023 | RADD BUZZ
The new AML whistleblower law signed in December 2022 by President Biden signals a heightened focus on financial crime and the need for financial institutions to tighten the noose around criminals by updating their Bank Secrecy Act / Anti-Money Laundering (BSA/AML)...
by Chinedu Nnadi | Feb 12, 2023 | RADD BUZZ
The risks and regulatory landscape for fintech companies are complex and constantly evolving. To survive, you must navigate a patchwork of federal and state regulations. These include the US Patriot Act, the Bank Secrecy Act, the Fair Credit Reporting Act, and...
by Chinedu Nnadi | Jan 29, 2023 | RADD BUZZ
A financial institution audit is a routine check of its services to ensure compliance with legal and industry standards. Hence, the audit procedure is a standardized process set up by banks to assess their level of compliance with relevant rules and regulations. Also...
by Chinedu Nnadi | Jan 16, 2023 | RADD BUZZ
With the rapidly growing digital revolution, financial institutions have undergone a significant technological change to meet demands from increasingly sophisticated customers and global competition. Hence, it is crucial to know what should be your risk and compliance...
by Chinedu Nnadi | Jan 9, 2023 | RADD ENGAGE
RADD just won an engagement with a technology firm in Canada with an asset value of $2 billion to develop their compliance policies and procedures for Regulation B – The Equal Credit Opportunity Act (ECOA). We’re thrilled to help this client improve their...
by Chinedu Nnadi | Jan 9, 2023 | RADD ENGAGE
We’re so excited to announce that we’ve just won a deal with a credit union out of Michigan! We will be providing them with a validation of their cannabis compliance software. We can’t wait to start working with them on their compliance software....
by Chinedu Nnadi | Jan 9, 2023 | RADD ENGAGE
We’re excited to announce our new engagement with one of the oldest banks in Montana. They contracted RADD LLC to perform an audit of their Cannabis Banking Program, perform a validation of the Cannabis Banking Software and provide ongoing compliance support. We...
by Chinedu Nnadi | Jan 9, 2023 | RADD ENGAGE
We’re excited to announce that we’ve signed on with a $350M Southern California community bank. The bank needed our help with fractional BSA Analyst support, which will assist them in EDD File Review. If your financial institution needs help with BSA...
by Chinedu Nnadi | Jan 9, 2023 | RADD ENGAGE
It’s so exciting to announce that we’ve been engaged by a new international Fintech company that will be offering its solution to the United States. This is the first time they’ve entered the market, and they need our help to perform an assessment of...
by Chinedu Nnadi | Jan 9, 2023 | RADD ENGAGE
We’re excited to announce our new engagement with a Texas-based Fintech company that hired RADD LLC to perform its regulatory assessment and BAAS platform testing. This is just the first step in a long-term relationship where we will be helping them meet their...
