Fintech companies need to create culture of compliance

It’s no secret that North Carolina has long been known as having one of the world’s most successful innovation economies. The recent rise of the fintech industry in the state is yet another example.

Like many emerging industries, the push for innovation comes with inherent risk if not managed properly. Certainly, failure to pay close attention to regulatory compliance is one of these risks.

In a recent blog post, Robert Caracciola of Servicing Solutions, a large-scale loan servicer with experience and specialization in the fintech industry, discusses why fintech companies should make a commitment to a culture of compliance.

– Mike Trainor, S&A Communications