Regulation E is a CFPB rule that covers, among other things, Electronic Fund Transfer disputes resolution between financial institutions and consumers. Regulation E provides consumer protection. Financial institutions rely on multiple systems and manual processes that are often not integrated to maintain compliance.
FINBOA takes care of all these issues through an end-to-end digital platform eliminating the need to use multiple systems and manual steps, ensuring timely processing, efficiency, regulatory compliance and reducing overheads. Growing Compliance Regulations are driving the Need for Automation in the Back Office.