Adapting to new technologies – and new regulations.
Technology is transforming the way in which financial service providers operate. Financial institutions, credit card issuers, subprime mortgage companies, consumer lenders, mortgage servicers, consumer finance companies, and asset based lenders (among others) continue to move their operations and product offerings online, creating myriad new compliance issues and fraud risks.
BDO’s Financial Institutions and Specialty Finance Practice takes a proactive approach in monitoring the legislative landscape in which financial service providers operate. Leveraging the knowledge and resources of an extensive international network, we provide a wide variety of services to help these companies maintain compliance – and stay ahead of competitors.
Additionally, our senior-level professionals and thought leaders stay abreast of new legislation, drawing upon a higher-level of insight to develop successful capital-raising strategies, and more effectively evaluate credit risk.