12 CFR Part 1006

FDCPA/Reg F Compliance Execution for Neobanks

The Fair Debt Collection Practices Act regulates debt collection communications and practices. Canarie helps you execute FDCPA compliance through automated workflows for communication limits, validation procedures, and compliance monitoring. Specifically tailored for the compliance requirements of neobanks.

More for Neobanks

Key Requirements

1
Communication frequency limits
2
Validation notice requirements
3
Cease communication requests
4
Prohibited practices avoidance
5
Time-barred debt disclosures
6
Electronic communication consent

Neobanks Compliance Challenges

Meeting sponsor bank compliance requirements
Building compliance credibility
Scaling compliance with user growth
Preparing for potential direct regulation
Managing third-party risk

How Canarie Helps Neobanks

Automated Workflows

Recurring FDCPA/Reg F 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

Actual damages
Statutory damages up to $1,000
Class action damages up to $500,000
Attorney fees and costs

Frequently Asked Questions

Automate FDCPA/Reg F Compliance Execution for Your Neobank

See how neobanks execute compliance with confidence.