12 USC 5531, 5536
UDAAP Compliance Execution for Neobanks
UDAAP prohibitions require financial institutions to avoid unfair, deceptive, or abusive practices. Canarie helps you execute UDAAP compliance through automated workflows for product reviews, complaint analysis, and risk monitoring. Specifically tailored for the compliance requirements of neobanks.
Key Requirements
Neobanks Compliance Challenges
How Canarie Helps Neobanks
Automated Workflows
Recurring UDAAP 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
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.
UDAAP Compliance Execution for Other Industries
Automate UDAAP Compliance Execution for Your Neobank
See how neobanks execute compliance with confidence.