The American Bankers Association today announced three new Endorsed Solutions at the association’s Regulatory Compliance Conference in Orlando, Fla. The new endorsements, made through ABA’s Corporation for American Banking subsidiary, include TILA-RESPA Integrated Disclosure compliance, compliance management software and website accessibility.
ABA endorsed ComplianceEase for TRID compliance. Through its ComplianceAnalyzer with TRID Monitor platform, banks can get a compliance decision within seconds. Findings are displayed with an easy-to-read risk score and tolerance analysis that is backed up by regulatory citations and narrative explanations. ABA members are eligible for discounted pricing.
For compliance management software, ABA endorsed the Predict360 software offered by 360factors. Predict360 is a cloud-based, artificial intelligence-powered CMS that ABA’s due diligence process found to be easy to use, quickly deployed and low-cost. ABA members will receive discounts on pricing. “Unlike many of the other compliance management solutions, which are only affordable for large institutions that can devote significant time and manpower to deploying their products, 360factors stood out for its ability to also serve the needs of community and regional banks,” said Bryan Luke, chairman of ABA’s Endorsed Solutions Banker Advisory Council.
Finally, with lawsuits swirling over website accessibility standards, ABA endorsed Level Access for its suite of digital accessibility products with ABA member discounts. “The suite of digital accessibility products offered by Level Access enables banks to mitigate potential legal risks while ensuring website accessibility compliance for those customers with disabilities,” said Luke, who is also president and COO of Hawaii National Bank in Honolulu.
