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Why CUs must be ‘excellent at compliance’ to thrive — Continuity Control’s Andy Greenawalt explains…

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If any topic can crush mobile banking in today’s FI industry, compliance is your sledge hammer. In yet another year at CUNA’s GAC, compliance dominated many conversations and presentations throughout the DC Convention Center. Even though credit unions seem to be hitting on all cylinders right now, there’s that pesky thorn in the side of this industry called regulation overload.
To get some relief, we invited Continuity Control’s Co-Founder and CEO Andy Greenawalt on the show to talk about this massive ball and chain that continues to keep a heavy governor on many smaller credit unions from properly innovating and fully serving their members. Andy provides some sound advice for credit unions on how they can keep up with the speed of today’s regulatory changes — like becoming excellent at managing the onslaught. He also provides his take on the enforcement environment and how technology solutions can get back to doing what they do best: serving their members.
It’s that simple. Many thanks for Andy coming on the show and providing his expertise to those who are looking for a leg up in this area. Enjoy!

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