How does Canarie help with TILA compliance?

Canarie creates workflows for disclosure accuracy testing, APR verification, and quality control reviews with automatic evidence capture.

12 CFR Part 1026

TILA/Reg Z Compliance Execution for Licensed Fintechs

The Truth in Lending Act requires accurate and timely disclosure of credit terms to consumers. Canarie helps you execute TILA compliance through automated workflows for disclosure reviews, APR verification, and quality control testing. Specifically tailored for the compliance requirements of licensed fintechs.

More for Licensed Fintechs

Key Requirements

Loan Estimate and Closing Disclosure accuracy

APR calculation accuracy

Periodic statement requirements

Right of rescission procedures

Advertising disclosure requirements

Record retention

Licensed Fintechs Compliance Challenges

Managing licenses across 50+ jurisdictions

Tracking state-specific requirements

License renewal management

State examiner relationships

Scaling to new states efficiently

How Canarie Helps Licensed Fintechs

Automated Workflows

Recurring TILA/Reg Z 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

Statutory damages up to $4,000 for individual violations

Class action liability up to $1M or 1% of net worth

Actual damages

Attorney fees and court costs

Frequently Asked Questions

Other Regulations for Licensed Fintechs

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 1002

ECOA/Reg B Compliance Execution

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

15 USC 1681

FCRA Compliance Execution

Execute FCRA compliance with workflows for permissible purpose verification, dispute handling, and adverse action procedures.

TILA/Reg Z Compliance Execution for Other Industries

Automate TILA/Reg Z Compliance Execution for Your Licensed Fintech

See how licensed fintechs execute compliance with confidence.