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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 405872
 
Credit & Course Provided by:

Marijuana, Gambling, Virtual Currencies, and Payday Lending: How the Financial Industry Can Avoid the Compliance Pitfalls

Live Webinar
July 23, 2019
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart

Learn more about opportunities available for banks to embrace new products and services.

Banks and financial institutions are facing disruption of the traditional business cycle. In particular, the products and services that banks offer and the way these products are delivered is being challenged. Today’s bank must consider nontraditional banking services in areas that were once considered outside the banking zone; products such as virtual currency, payday lending and marijuana related businesses. This topic will describe the opportunities available for banks to embrace new products and services. In addition, we will discuss the process for assessing risks and dedicating the necessary resources for effective controls. Alternative financial services can allow banks to pursue new sources of income and attract new generations of customers.

Learning Objectives

• You will be able to identify opportunities available for banks to embrace new products and services.

• You will be able to describe the various forces that are currently disrupting the financial services industry.

• You will be able to discuss how the growing number of unbanked and underbanked families are driving forces in financial disruption.

• You will be able to explain the risk issues associated with offering banking services to high risk customers.

Registration

Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart