the AffirmX blog

How to Become a Compliance Exam Sharpshooter

The film industry (and its patrons) likes its sharpshooting archers. Since Disney's 1973 adaptation of the Robin Hood legend, there have been dozens of films depicting the hero of Sherwood forest. Besides Robin Hood, we've had John Rambo, Legolas, Hawkeye, and Katniss Everdeen. All these archers are able to hit their target every time. If you've [...]

By |2017-05-15T09:00:40-04:00May 15th, 2017|Blog|Comments Off on How to Become a Compliance Exam Sharpshooter

SAR Stats 2016: A Win For Your BSA Team

If you're into fantasy sports, you pay a lot of attention to statistics. You pick players for your fantasy team based off of their past statistics, and you hope those players continue to put up good numbers so that your team does well. Now, there are no fantasy SAR leagues, but there are BSA programs, [...]

By |2017-05-08T08:00:00-04:00May 8th, 2017|Blog|Comments Off on SAR Stats 2016: A Win For Your BSA Team

The NCUA Exam Prepper's Guide

If the many zombie/post-apocalyptic films are any indication, our future holds some pretty drastic changes. If you knew that at some point this year 90 percent of the population will become zombies, or that the climate will change into a nuclear desert wasteland of broken humanity reduced to fighting for the necessities of life, you would likely build up [...]

By |2017-04-24T10:00:50-04:00April 24th, 2017|Blog|Comments Off on The NCUA Exam Prepper's Guide

Keeping Up With Ever-Changing HMDA

Someone once said, "just when I figured out the meaning of life, they changed it." At one point or another, you may have similarly felt that just when you thought you had the Home Mortgage Disclosure Act (HMDA) figured out, they changed it on you. Since its inception in 1975, HMDA has constantly evolved in its [...]

By |2017-04-17T09:00:10-04:00April 17th, 2017|Blog|Comments Off on Keeping Up With Ever-Changing HMDA

Consumer Complaints Part II: Prioritizing Complaints

Our last post looked at the kinds of complaints and the businesses represented in the CFPB's consumer complaint database. Your institution likely receives a similar array of complaints. So how do you prioritize which of those complaints deserve the most attention, and how can you use that information to identify areas of your institution that [...]

By |2017-04-10T09:00:47-04:00April 10th, 2017|Blog|Comments Off on Consumer Complaints Part II: Prioritizing Complaints

Consumer Complaints: Analyzing the CFPB's Consumer Complaint Database (Part I)

Most people generally don't like a complainer. It's not pleasant to have someone point out the bad in every situation. But there are times when complaining can accomplish some good. For example, while it may not be very enjoyable to have to respond to an angry customer, looking at complaints your institution has received can [...]

By |2017-04-03T09:00:08-04:00April 3rd, 2017|Blog|Comments Off on Consumer Complaints: Analyzing the CFPB's Consumer Complaint Database (Part I)

Don't Strike Out: 5 Common SAFE Act Violations and How to Avoid Them

Babe Ruth is considered by many to be the greatest baseball player of all time. Why? Well for starters, he set MLB records for home runs, runs batted in, bases on balls, slugging percentage, and on-base plus slugging, the last two of which still stand today. You'd be hard-pressed to find someone in the country [...]

By |2017-03-27T09:00:09-04:00March 27th, 2017|Blog|Comments Off on Don't Strike Out: 5 Common SAFE Act Violations and How to Avoid Them

Five Common Website Compliance Mistakes and How to Avoid Them

Life isn't easy. If that surprises you, you should probably check with someone to make sure you're still alive. Part of life's difficulty comes from mistakes. People are very prone to making them, and they cause all sorts of problems. The good news is that most people learn from their mistakes, and figure out ways [...]

By |2017-03-20T09:00:23-04:00March 20th, 2017|Blog|Comments Off on Five Common Website Compliance Mistakes and How to Avoid Them

The Six Elements of a Strong Complaint Management Program

Complaint management used to be so simple. Perhaps your institution looks back fondly on the days when complaints were usually over the phone about a billing issue. But in this day and age, customers, members, and even employees have a cornucopia of complaint outlets, such as Facebook, Twitter, Yelp, and of course, the CFPB’s complaint [...]

By |2017-03-13T09:00:38-04:00March 13th, 2017|Blog|Comments Off on The Six Elements of a Strong Complaint Management Program

Back to School: Remittance Transfers 101

When you're young and you see the grown-ups doing things like staying up late, eating whatever they want, and doing other really great-looking grown-up things, you can't wait to get older. But then, you become a grown-up and you've got bills to pay, a job that requires you to know about remittance transfers (what?), and [...]

By |2017-03-06T09:00:57-05:00March 6th, 2017|Blog|Comments Off on Back to School: Remittance Transfers 101