Keeping Pace with Risk Mitigation and Regulatory Changes

Consumer credit is a hot topic. With new credit products like Buy Now Pay Later (BNPL) hitting the market and the always-evolving impacts of credit reporting, banks need to expertly hone their underwriting to strike the optimal balance between business and risk.In this episode, Aaron Rykowski, SVP, Chief Compliance Officer at WesBanco, and Jennifer Ruggiero, SVO - First Line Director at M&T Bank, examine the latest trends in consumer credit and what they mean for your financial institution.Join us as we discuss:Risk and compliance management in today’s economyTrends in consumer credit, including new products and reportingWhy you can’t afford to not invest in new technologies to facilitate compliance, risk-mitigation and underwriting — and how to properly use your data to support these efforts