How does Canarie help with GLBA compliance?

Canarie creates workflows for annual privacy notice distribution, opt-out tracking, and safeguards assessment scheduling.

12 CFR Part 1016

GLBA/Reg P Compliance Execution for Neobanks

The Gramm-Leach-Bliley Act requires privacy protections for consumer financial information. Canarie helps you execute GLBA compliance through automated workflows for privacy notices, opt-out management, and safeguards compliance. Specifically tailored for the compliance requirements of neobanks.

More for Neobanks

Key Requirements

Initial and annual privacy notices

Opt-out rights and procedures

Information sharing limitations

Safeguards Rule compliance

Service provider oversight

Record retention

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 GLBA/Reg P 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

Civil penalties up to $100,000 per violation

Officer/director liability up to $10,000

FTC and prudential regulator enforcement

Frequently Asked Questions

Other Regulations for Neobanks

31 CFR Chapter X

BSA/AML Compliance Execution

Execute BSA/AML compliance with automated workflows for customer due diligence, transaction monitoring, and suspicious activity reporting.

12 CFR Part 1026

TILA/Reg Z Compliance Execution

Execute Truth in Lending compliance with workflows for disclosure accuracy, APR calculations, and periodic statement requirements.

12 CFR Part 1002

ECOA/Reg B Compliance Execution

Execute fair lending compliance with workflows for monitoring, exception tracking, and adverse action notice requirements.

GLBA/Reg P Compliance Execution for Other Industries

Automate GLBA/Reg P Compliance Execution for Your Neobank

See how neobanks execute compliance with confidence.