COMPLIANCE SOLUTIONS

Your bank holds critical personal information that cyber-attackers want from bank accounts, home addresses and social security numbers. All this personal data can be breached if proper network security controls are not in place. Established by the GLBA, banks are required to keep customer information safe, confidential and not be accessible by unauthorized users, such as cyber-attackers, which require constant monitoring.

21CFS keeps your bank in compliance with the BAM+ program hosted in the 21CFS data center. BAM+ is an easy-to-use software from ABRIGO that lets you manage your BSA/AML compliance in one place. The BAM+ program uses data from TellerElite and the BancPac core to assist you with money laundering detection and 314(a) scans while validating data to meet your examiner’s expectations for data integrity. The robust case management system helps you review alerts and work cases while sharing information with other team members.

Compliance for disclosure is provided by 21CFS partners that help you open new accounts for both deposits and loans. OFAC checking is performed by both the new account opening function, the ACH creations function as well as a monthly review of the entire customer data base. With 21CFS, you can rest assured that your compliance is in good hands.