In collaboration with Sheppard Mullin

Innovative banks and their fintech partners have shown that they can effectively serve underserved communities. However, as regulatory scrutiny intensifies, understanding fair lending compliance is essential for both banks and fintechs. Join leaders from Sheppard Mullin, FairPlay AI, CompliSun, Cross River, and Kaufman Rossin for an insightful webinar exploring the critical role of fair lending model validation in the evolving landscape of fintech and sponsor bank relationships. Panelists will delve into what exactly fair lending model validation is and how trust and accountability can be fostered between traditional banks and fintech companies. They will also touch on fair lending issues in marketing and how fair lending model validation intersects with the requirements of Section 1071 and what it means for small businesses seeking credit.

In collaboration with Winston & Strawn

In this episode of AFC’s Future of Finance Webinar Series, join leaders from Winston & Strawn, Kaufman Rossin, Dataseers, and Thread Bank, for an insightful webinar on brokered deposits. The financial services industry, particularly innovative banks partnered with fintech companies, rejoiced at the finalization of the FDIC’s 2020 rule amending its Brokered Deposits regulations. Many banks and fintech companies expanded their existing partnerships and improved access to banking for historically underserved communities. However, less than five years later, the agency has decided to upend the products and services that were established in response to the 2020 rule by proposing a new, and more limited, regulatory regime. In this session, panelists will delve into the complex relationship between banks and customers and explore the role of deposits from third parties in modern banking, focusing on the critical line of separation that exists between institutions and their clients. Key topics include the reconciliation process including KYC, the role of audit in providing assurance, compliant strategies for risk mitigation, how proposed rulemaking could affect financial services, and how banks can adapt to new regulations while responsibly protecting the interest of themselves and their clients.

In partnership with FORVIS & CompliSun

ACH Originators must stay current with the ACH Rules, including how updates and changes might impact business practices and operations. These changes are part of a larger Risk Management package intended to reduce the incidence of successful fraud attempts and improve the recovery of funds after frauds have occurred. With six changes coming, it’s important to know how they apply to the work you do. Join AFC Strategic Partners, FORVIS and CompliSun, as they review RFI guidance from regulators, summarize key ACH changes, explore their implications, and share ways to adapt to these new rules.