Aug 30 - FIPCO, a subsidiary of the Wisconsin Bankers Association, has announced the launch of Compliance Concierge, a new software platform for loan origination and deposit account opening that will help financial institutions more easily comply with state and federal regulations.
"Every bank faces challenges due to increasing regulations placed on the financial services industry. Adapting to new, frequently amended and re-interpreted regulations requires banks to take prompt action," said WBA President/CEO Rose Oswald Poels. "Compliance Concierge will be a great asset to Wisconsin banks in addressing these compliance issues with greater speed, consistency and confidence."
"Customers will have greater input on how they use the system because we can improve the software more quickly and adapt to their suggestions now that we are stakeholders," said FIPCO President Pam Kelly. "This is a major step in helping banks be more efficient so they can focus on their customers."
Even as it adapts and expands its services, FIPCO remains grounded in its foundation of customer service and support for the banking industry. "Our goal has always been and will always be to serve our customers and provide tools they need to be successful," said Kelly.
More information can be found at www.fipco.com/concierge.