See what’s new in HarmCheck — from expanded detection capabilities and eDiscovery tools to our newest compliance advisor (and a surprise guest in a tie).
Debanking — the closure of customer accounts by banks — is drawing new scrutiny from regulators, customers, and the public. A recent case involving Bank of America highlights why compliance teams need tools like HarmCheck to stay ahead.
Too often, organizations treat risk mitigation as a compliance function: audits, checklists, and reactive crisis response. But this is a limited view. The smarter path is to design for safety, ethics, and regulatory awareness from the beginning. In other words, risk mitigation isn’t just compliance, it is part of corporate strategy.
Many lenders assume risk is down because federal oversight has eased. That’s a mistake. States are stepping in, advocacy groups are active, and civil liability is real.