The COMPLY Podcast showcases trailblazers in the financial services and compliance space. Each episode dives deep into the challenges, triumphs, and innovations of executives at top banks, fintechs, and enterprises.
In this episode, I’m joined by Bert Friedman, whose experience spans serving as an examiner at the CFPB to holding key compliance roles at companies like BMO Harris Bank, Deserve, and Payitoff.
We discuss:
- The importance of compliance as an enabler rather than a roadblock, emphasizing a strategic approach to saying “yes, and here’s how” instead of defaulting to “no”
- The evolving regulatory landscape, including UDAAP enforcement, BNPL regulations, and increased scrutiny of banking-as-a-service (BaaS) partnerships
- The role of AI and technology in compliance, the need for human oversight, and the challenge of balancing automation with regulatory documentation and risk management
- The increasing role of state regulators in compliance enforcement, especially as federal agencies shift priorities
Show Notes:
