2021 – a noteworthy year for the banking industry. Increasing regulations and shifting compliance, wavering unemployment and consumer sentiment, and long-term growth all remain concerns as financial institutions consider the road ahead.
Because of these challenges, this year more than ever, we strived to remain our clients’ most trusted and valued partner. At Allied Solutions, we achieve this through best-in-class service, highly vetted solutions, and continuous thought leadership resources. Our thought leadership resources are an expression of our expertise and proficiency in strategic risk management and innovative digital transformation.
Check out our top 5 resources from this past year:
- From Afterthought to Strategic Approach: Managing Ancillary Product Refunds
Regulatory guidance on refunding cancelled ancillary products is shifting, increasingly placing the responsibility on the lending institution. Financial institutions need to leverage a proactive approach to maintain compliance with these changing regulations. This white paper addresses the current regulatory landscape for refunding ancillary products and how to get started with a proactive approach to manage these types of refunds.
Download the White Paper - Digital Transformation Checklist for Financial Institutions
With 82% of survey participants stating that they are more likely to stay at their financial institution if they have innovative digital banking services, there is a strong correlation between digital banking and consumer satisfaction. This checklist identifies digital practices that will help to build long-lasting relationships with your accountholders and enhance business strategies beyond the pandemic.
Download the Checklist - ACH and Wire Fraud Prevention
Cybercriminals continue to find new ways to cut through your secure systems and authentication processes to fraudulently obtain secure information and transfer or wire money to themselves.
Download the Checklist - Is Your Risk Management Strategy Protecting Your Business?
Establishing a collateral risk management program is an effective part of a lender’s risk management strategy to ultimately help minimize losses and protect collateral assets. Rising purchase and maintenance costs, longer loan terms, and higher premiums demonstrate the importance of establishing a proactive and strategic approach to insurance verification. This resource identifies five key ways Allied Solutions is a best-in-class industry partner.
Download the White Paper - A Collaboration Success Story
Allied Solutions and our parent company, Securian Financial, teamed up with a Washington-based credit union to launch a debt protection program. The program launched in spring of 2021 and the strategic alliance has a projected increase of 16% in total revenue. The case study highlights the implementation process and the successes the staff and members are experiencing.
Download the Case Study