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Financial Services Review | Thursday, July 22, 2021
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A banking insider has been appointed Director of Compliance Products and Solution Consulting.
Fremont, CA: By removing manual methods, FINBOA assists banks and credit unions in simplifying and improving regulatory compliance. FINBOA delivers innovative software proven to support institutional development by decreasing operating costs and risk, leveraging substantial industry experience and a dedication to client service. The headquarters of FINBOA are in Houston.
Christina Evans has been named Director of Compliance Products and Solution Consulting at FINBOA, Inc. This announcement represents an exceptional increase in market demand for FINBOA's SaaS solutions among US banks and credit unions.
FINBOA was designed to use RPA to change back-office workflow and the customer experience, increasing staff efficiency and accuracy while lowering compliance costs, loss, and risk. The award-winning SaaS tools from FINBOA digitize and modernize the inefficient manual processes or systems widely used to manage regulatory compliance processing for Payment Disputes, Exception Management, Loan Onboarding, and Treasury Onboarding.
Christina Evans looks forward to working with customers to develop automated solutions that help financial institutions accomplish their strategic goals by reducing the hassles of manual operations and enhancing their risk management capabilities in her new role with FINBOA.
Christina shared, "As a seasoned banker, deciding to join the FINBOA team was simple because of the effectiveness of the software solutions to enable any size FI to meet regulatory requirements. In my role as a risk and operations executive, FINBOA's product innovation and quality exceeded my expectations by enabling our FI to meet our goals of efficiency, accuracy, security and client experience."
FINBOA CEO and Founder Raj Singal commented, "Christina brings a wealth of banking knowledge and expertise to our team. Having experienced FINBOA as a customer, she is uniquely positioned to apply her insights and skills to managing our product portfolio and enabling new business growth. Christina will be a welcome addition and a strong and enthusiastic contributor to our continued success."
FINBOA presently works with over 135 bank and credit union clients across the country to ensure effective implementation, solution uptake, and demonstrable business results. FINBOA's Regulation E Dispute Management system, for example, reduces claim-related losses by up to 25 percent, processing time by 90 percent, and chargebacks by 40 percent, with an average implementation time of fewer than 45 days.