Loading...

Regulatory Considerations When Going Digital

Published: July 2, 2018 by Guest Contributor

There’s no question today’s consumers have high expectations. As financial services companies wrestle with the laws and consumer demands, here are a few points to consider:

  • While digital delivery channels may be new, the underlying credit product remains the same.
  • With digital delivery, adhere to credit regulations, but build in enhanced policies and technological protocols.
  • Consult your legal, risk and compliance teams regularly.
  • Embrace the multitude of delivery methods, including email, text, digital display and beyond.

When using the latest technology, you need to work with the right partners. They can help you respect the data and consumer privacy laws, which is the foundation on which strategies should be built.

Learn more

Related Posts

At Experian, we believe in fostering innovation and collaboration to solve complex challenges. Recently, Ivan Ahmed, one of our...

Published: September 10, 2024 by Scott Hamlin

Ensuring fair lending practices while leveraging machine learning models is crucial for organizations committed to ethical and compliant operations.

Published: June 13, 2024 by Julie Lee

AML transaction monitoring stands as a crucial barrier against financial crimes, which ensures the integrity of financial systems worldwide.

Published: April 18, 2024 by Julie Lee