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Credit Union Regtech: Innovation and Expertise

Credit Union Regtech: Innovation and Expertise

What can be done to help ease the regulatory responsibilities for credit unions? And what emerging technology is available to help credit unions better manage these responsibilities? This paper introduces the fintech category of regtech, and the role and promise it holds for credit unions. The author then presents a case study on how a number of different credit unions manage their regulatory responsibilities. You might be surprised to learn how asset size relates to successful regulatory management, and that regtech is a new term for tools that you might be already using. 

Filene’s Research team sat down with two credit union people well versed with managing regulations: Liz Hayes, President and CEO at Infinity Federal Credit Union, and Brian Godwin, Director of Policy Solutions at PolicyWorks. Listen to their insights on credit unions and regulatory compliance, and other issues important to credit unions.

Filene thanks its generous supporters for helping to make this research possible.

Categorized: 'Operations' 'Products & Services'

Tagged: 'fintech' 'regulatory burden' 'regtech'

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