Innovative Payments Association

AUGUST 29, 2024

With the growing legalization of cannabis across the U.S., While many states have legalized cannabis for medical or recreational use, it is still illegal at the federal level. Conduct Regular Monitoring and Audits Regular monitoring and audits are essential for assessing the effectiveness of a compliance program.

Cannabis Banking 52

Cannabis Banking Boot Camp Compliance Money Laundering 52

Innovative Payments Association

SEPTEMBER 5, 2024

This includes conducting regular audits, assessments, and due diligence reviews to ensure that third-party partners are meeting regulatory requirements, adhering to best practices, and managing risks effectively.

Boot Camp 52

Boot Camp Due Diligence Third Party Vendors Compliance 52

Innovative Payments Association

AUGUST 15, 2024

To address this issue, regulators are considering implementing guidelines that require financial institutions to regularly monitor and audit their AI algorithms for bias and discrimination. This can lead to discrimination against certain groups of people, which is a major concern for regulators.

Boot Camp 52

Boot Camp Regulations AI FinTech 52

Innovative Payments Association

JULY 8, 2024

This may involve conducting internal audits, monitoring consumer complaints, and staying informed about regulatory updates. ​ IPA Compliance Boot Camp: The IPA's Compliance Boot Camp in Chicago offers a unique opportunity to deep-dive into the latest regulations and trends.

Reg E 52

Reg E CFPB Error Resolution Boot Camp 52