Battle Is On Over Government’s Version of Yelp for Banks
The CFPB says the database helps it determine stances in bank supervision and enforcement matters. According to PerformLine Inc., which analyzes regulatory data, companies that have received more than 10,000 complaints through the CFPB face a 64% chance of being fined by the regulator, compared with 7% for those with fewer than 2,000 complaints.
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PerformLine improves brand safety capability
Automated compliance solution provider PerformLine has made some enhancements to the brand safety rule set within its compliance monitoring platform. The move follows a recent spike in brands appearing in off-brand, inappropriate or illegal places.
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Leading RegTech Provider PerformLine Enhances Brand Safety Rule Set to Help Advertisers Avoid Potentially Damaging Placements
PerformLine’s compliance and brand safety platform protects brands from being misrepresented online or misaligned with inappropriate content or partners New York City, NY— July 11, 2017 PerformLine, the leading RegTech company that delivers automated compliance solutions, has amplified its brand safety rule set within its compliance monitoring platform in light of the recent surge of brands […]
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Leading RegTech Provider PerformLine Releases June 2017 Complaint Risk Signal Report Identifying Best Regulatory & Compliance Practices
The June 2017 edition of the Complaint Risk Signal Report uncovers new trends in consumer complaints including those by older Americans and service members, and details the threshold of complaints that puts companies at risk of being fined by the CFPB, the potential amount in monetary liability, and how untimely company responses to complaints increase potential risk for a company.
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