Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
FCRA a top priority for FTC
The Federal Trade Commission testified yesterday before the Senate Banking, Housing and Urban Affairs Committee that the enforcement of the Fair Credit Reporting Act remains a top priority, and outlined the agency’s efforts to educate consumers and businesses about the law's requirements.