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.)
Elder financial abuse prevention webinar announced
The FDIC and the CFPB are co-hosting a webinar to outline strategies to address and prevent elder financial abuse. The webinar will focus on the benefits of appropriate collaboration between financial institutions and law enforcement regarding this issue, and will provide financial institutions with resources and strategies to develop strategic relationships. The webinar will also discuss the unique challenges involved in detecting and preventing elder financial abuse, will explain how Suspicious Activity Report (SAR) filings can be used to combat it, and cover Money Smart for Older Adults.
- When: July 25, 2019, from 2:00 p.m. to 3:00 p.m. ET.