Latest News
AGG/Vital4 – Top 5 Lessons from 2020 in Background Screening + Planning for 2021
Top 5 Lessons from 2020: Regulators offered limited flexibility to address COVID-19 realities, what can the background industry learn from this? Have a solid business continuity plan. Stay abreast of changing guidance from regulators, courts and COVID safety. Internal processes to document [...]
Vital4 Awarded SOC 2® Certification with the AICPA
We are excited to announce that Vital4 is officially a registered SOC for Service Organization with the AICPA. SOC 2® compliance ensures that service providers securely manage data based on five fundamental principles: security, availability, processing integrity, confidentiality, and privacy. According to [...]
Vital4 Named Part of 2021 RegTech 100
Vital4 is proud to be named part of the 2021 REGTECH100. The REGTECH100 is an annual list of 100 of the world’s most innovative RegTech companies selected by a panel of industry experts and analysts. These are the companies every financial institution [...]
Banks Beware: Don’t Get Fined for Weak Anti-Money Laundering (AML) Oversight
Earlier this year, former Risk Officer at U.S Bank Michael LaFontaine was fined $450,000 for a "failure to prevent violations of the Bank Secrecy Act," according to The Wall Street Journal. U.S. Bank had already been fined $613 million in 2018 for [...]
Vital4’s Guy Underwood featured in Corporate Compliance Insights
In the past, a Chief Risk Officer’s (CRO) position was limited to ensuring that organizations met regulatory and compliance obligations, acting as a sort of failsafe to protect the business in the event of adverse scenarios. However, over time, CROs have acquired [...]
More Can’t-Miss Sessions! – Virtual MoneyFest October 26-29
On October 26-29, Money20/20 is hosting their first-ever MoneyFest, a virtual event that highlights what would’ve been brought in their live shows in 2020 if it wasn’t for Covid. MoneyFest will be free and available to the entire money ecosystem, both stream-lived [...]