Banker's Toolbox solidifies its position as the premier solution for fast-growing financial institutions with the release of BAM+ 4.0 upgrade.
Banker's Toolbox continues to lead the BSA/AML and Fraud prevention marketplace with the release of BAM+ 4.0. This solution provides increased detection with more versatility, transparency and control. BAM+ 4.0 also boasts a new customer due diligence platform, Due Diligence Manager, which will keep institutions compliant with the impending beneficial ownership mandates. (Read full press release here.)
FDIC releases 67 CRA evaluations
The FDIC has released a list of 67 state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers ratings assigned in October 2017. Seven of the banks listed received outstanding evaluation ratings. The remaining 60 institutions received satisfactory ratings.