How does Canarie help with Reg E compliance?

Canarie creates workflows for error resolution tracking with deadline management, disclosure reviews, and unauthorized transaction procedures.

12 CFR Part 1005

Reg E Compliance Execution for Fintech

Regulation E governs electronic fund transfers and provides consumer protections. Canarie helps you execute Reg E compliance through automated workflows for error resolution, disclosure management, and unauthorized transaction procedures. Specifically tailored for the compliance requirements of fintech.

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Key Requirements

Error resolution procedures (10-45 day timelines)

Initial and change-in-terms disclosures

Periodic statement requirements

Unauthorized transfer liability limits

Preauthorized transfer rules

Remittance transfer requirements

Fintech Compliance Challenges

Building compliance programs from scratch

Meeting sponsor bank requirements

Preparing for potential direct regulation

Scaling compliance with rapid growth

Managing multi-state licensing

How Canarie Helps Fintech

Automated Workflows

Recurring Reg E 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 $100-$1,000

Class action damages up to $500,000

Attorney fees and costs

Frequently Asked Questions

Other Regulations for Fintech

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.

Automate Reg E Compliance Execution for Your Fintech

See how fintech execute compliance with confidence.