Multiple statutes

Consumer Protection Compliance Execution for BaaS Platforms

Consumer protection encompasses multiple regulations protecting consumers in financial transactions. Canarie helps you execute consumer protection compliance through automated workflows for all consumer-facing requirements. Specifically tailored for the compliance requirements of baas platforms.

More for BaaS Platforms

Key Requirements

1
Disclosure accuracy and timing
2
Complaint handling procedures
3
Error resolution
4
Privacy protections
5
UDAAP compliance
6
Training requirements

BaaS Platforms Compliance Challenges

Oversight of multiple fintech partners
Demonstrating partner compliance to examiners
Scaling oversight with partner growth
Managing third-party risk at scale
Consistent compliance standards

How Canarie Helps BaaS Platforms

Automated Workflows

Recurring Consumer Protection Compliance Execution tasks are scheduled, assigned, and tracked automatically.

Evidence Capture

Evidence is captured automatically as compliance work is completed.

Audit Trails

Complete audit trails show who did what, when, with immutable records.

Examiner-Ready Export

Export organized evidence packages in formats examiners expect.

Non-Compliance Risks

Various statutory damages
CFPB enforcement
State attorney general actions
Class action liability

Frequently Asked Questions

Automate Consumer Protection Compliance Execution for Your BaaS Platform

See how baas platforms execute compliance with confidence.