Financial Forward: The Future of Consumer Finance & Banking
Financial Forward with Jim McCarthy
Explore the Future of Consumer Finance, Banking Regulation, and FinTech Innovation
Financial Forward is the essential podcast for professionals in finance, compliance, and innovation. Hosted by Jim McCarthy, founding member of the CFPB and expert in regulatory risk management, each episode features in-depth conversations with leaders from banks, credit unions, fintech companies, and regulatory agencies.
🎯 What You’ll Learn:
- Consumer finance trends and policy changes
- CFPB rulemaking and enforcement actions
- Compliance with FDIC, OCC, NCUA, and CFPB oversight
- FinTech, open banking, and RegTech innovation
- Credit cards, loans, mortgage servicing, and fair lending
- AI and automation in banking compliance
- Risk management and consumer protection
🎧 Who Should Listen:
Bank executives, compliance officers, fintech founders, consumer advocates, and anyone interested in regulatory reform and financial inclusion.
🎙️ Listen now on Apple Podcasts, Spotify, Google Podcasts, Amazon Music, and more.
📲 Follow Jim McCarthy on LinkedIn for exclusive updates:
https://www.linkedin.com/in/jim-mccarthy/
📩 Contact: jim@mccarthy-hatch.com
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#FinancialForwardPodcast #ConsumerFinance #BankingCompliance #CFPB #FDIC #OCC #Fintech #RiskManagement #OpenBanking #JimMcCarthy
Financial Forward: The Future of Consumer Finance & Banking
The Speed of Risk
Episode Title: The Speed of Risk: Bridging the Gap Between Compliance Models
Podcast: Financial Forward – A McCarthy Hatch Podcast
Duration: 43:33
Episode Summary:
In this episode of Financial Forward, host Jim McCarthy explores the evolving dynamics of risk management in the financial sector. Drawing on his expertise as a former founding member of the CFPB, Jim compares the traditional compliance methods of prudential regulators with the CFPB’s modern, data-driven approach. He highlights the challenges banks face in adapting to real-time risk identification and the urgent need for a mindset shift to align with 21st-century regulatory expectations.
What You’ll Learn:
- The limitations of legacy compliance models built for prudential regulators.
- How the CFPB uses consumer sentiment data to uncover harm in real time.
- Why time is no longer a luxury in managing regulatory risks.
- Strategies for modernizing compliance systems to meet today’s demands.
- Practical insights on how banks can proactively identify and mitigate risks.
Key Takeaways:
- Risk identification has dramatically accelerated with the CFPB’s innovative methods.
- Legacy compliance systems often delay actionable insights, increasing vulnerability.
- Embracing real-time analysis and modern compliance tools is essential for staying competitive.
Resources Mentioned:
- CFPB Consumer Complaint Database (consumerfinance.gov)
- McCarthy Hatch Insights on Compliance and Risk (McCarthyHatch.com)
Connect With Us:
- Website: McCarthy Hatch
- LinkedIn: McCarthy Hatch on LinkedIn
- Email: info@mccarthyhatch.com
More from Jim:
LinkedIn: https://www.linkedin.com/in/mccarthyhatch/
https://www.mccarthy-hatch.com/