Posted on 27 May 2020
In light of recent FINCEN and FFIEC regulatory guidance in response to the COVID-19 pandemic, financial institutions have been asked to review the potential impact on current work processes and their compliance teams’ ability to keep pace with their filing obligations. They have also been asked to review their business continuity plans and ensure that FIs adequately plan and address the challenges of remote communications, third-party vendor preparedness, and limitations in staff availability. Finally, the guidance also suggests exploring ways in which outsourcing, or process automation, can assist in mitigating potential negative impacts.
During this FIBA hosted webinar on Thursday, May 28th at 11 am EST, Alacriti’s SVP of Governance, Risk and Compliance, Buck Kulkarni, along with other compliance professionals from Intelligence for Action LLC, Community Federal Savings Bank NY, and Quantaverse will:
The program will provide Alacriti with access to Symitar’s technical resources to enable Orbipay EBPP to integrate with Episys.
Alacriti specializes in developing payment and money movement related technology solutions to companies in the financial services, insurance, healthcare, and utility industries. We offer highly flexible and secure SaaS based payment processing solutions, and provide software, services, and outsourcing of the technology for our clients.