CRA: The Money IQ program can help regulated financial institutions fulfill part of their Community Reinvestment Act (CRA) obligations to help meet the credit needs of their entire community, including areas of low- and moderate-income.
FFIEC: Guidance calls on all financial institutions to deliver and report ongoing identity theft education to consumers and businesses. New identity theft videos and articles are delivered every quarter.
Regulation E: Consumer education is a key component of Reg E. Delivering education about overdraft products, options, and ways to avoid overdrafts is built into Money IQ.
OFI Requirements: The Offices of Financial Institutions in both Texas and Louisiana have codified many best practices for Business Fraud Prevention into regulatory requirements. As Corporate Account Takeover and other emerging threats become more common, the need to educate business account-holders will only increase.