Financial Outsourcing Solutions (FOS) is a leading provider of internal audit, risk management and compliance services to financial institutions located in Pennsylvania, New Jersey, Maryland, Delaware, and New York.
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Robocalling – Will it Affect your Institution? The Federal Communications Commission (FCC) passed a new ruling on June 6, 2019 to allow phone companies to block robocalls. A robocall is a phone call that delivers …
Natalie Reifsneider Robocalling - Will it Affect your Institution?
Be Careful with That Online Account Opening! A year ago on May 24, 2018, EGRRCPA Section 213 authorized “Making Online Banking Initiation Legal and Easy” (MOBILE). The intent was to make online account opening easier …
Be Careful with That Online Account Opening! Evelyn I. Dehmey
The Call for Databases Already we check the OFAC database, which includes other watchlists. We check the Department of Defense MLA database for persons opening new accounts https://mla.dmdc.osd.mil/mla/#/single-record and the SCRA database https://scra.dmdc.osd.mil/scra/#/single-record to assure …
Must I Use the New URLA? What’s an URLA? You’ve probably known it as Form 1003 or 65 or “Uniform Residential Loan Application.” It’s the application you’ve been accepting for mortgage loans. Due to revisions …