Skip to main content

TruStage Compliance Solutions News & Announcements

Including news about our products and solutions.

  • 100 Topics
  • 1 Reply
100 Topics
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Compliance Systems 2022 Q3 Highlights Video (Viewing Time 1:39)

Here at Compliance Systems, our teams continue to work on expanding our products to help your institution do business more effectively. Please check out our 2022 Q3 highlights video to view some of these enhancements.To share this video with additional team members, click this link.  

850
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Updating IRA Beneficiary Webcast RecordingsWebinar

Compliance Systems recently partnered with Convergent Retirement Plan Solutions to offer three complimentary webcasts to our clients on the changes in the IRA beneficiary distribution rules. Those recordings are linked below so you can take advantage of this information. Please note that while you are asked to register, there is no fee and you will have immediate complimentary access to the recording.Updating Your IRA Beneficiary Processes, Part 1. We outline the challenges posed by the new RMD regulations and discussed several new initiatives we were working on to help IRA providers adapt to these changes.Updating Your IRA Beneficiary Processes, Part 2. We introduce several new forms that have been developed to help simplify the process of complying with the new beneficiary distribution rules and walk through each of them, step-by-step. In addition, we share several industry best practice recommendations and unveil a new audit program designed to assist IRA providers who want to explo

1050
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Take Our Annual Client Survey

We want to know what you think! You're invited to take our annual Client Satisfaction survey to share your feedback about our products and services.To start our survey, click here.Qualified participants will be entered into three drawings for an Ember mug. Thank you for your time, business, and valuable feedback!

180
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Proposed FTC Auto Dealer Rule PodcastNews

In this Compliance Insider episode, we discuss the FTC’s proposed rule on motor vehicle sales and disclosures, and the potential impacts it may have on lenders and the industry as a whole.Please listen now here: https://complianceinsider.compliancesystems.com/e/4-proposed-ftc-auto-dealer-rule/

290
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Buy Now, Pay Later PodcastNews

In this Compliance Insider episode, we focus on short-term, no interest credit products offered at the point of sale online and the CFPB’s recent interest in them. We also discuss how financial institutions can compete with these products. Please listen now here: https://complianceinsider.compliancesystems.com/e/3-buy-now-pay-later/

200
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Quarterly Newsletter (September 2022)News

Click here to read articles written by our product team on the newest trends and information in the banking industry within the Compliance Systems: September 2022 Newsletter.

1360
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Compliance Systems 2022 Q2 Highlights Video (Viewing Time 2:20)

Our teams continue to work on expanding our products to help your institution do business more effectively. Check out our Q2 highlights video to view some of these enhancements.To share this video with additional team members, click this link. 

1260
Communications
A
Anonymous
published in TruStage Compliance Solutions News & Announcements
Resolved: Amazon Web Services and Simplicity Runtime OutageImportant Message

Resolved: At 2:37 p.m. ET, Amazon announced that the issue has been resolved and the service is operating normally.Update: Since 2:30 p.m. ET, the outage with AWS has stabilized and we will continue to monitor this issue.Our Compliance Utility environments are hosted on Amazon Web Services (AWS), which also provides certain other related services necessary for managing these cloud environments. As of 1:40 p.m. ET on Thursday, July 28, AWS has reported issues with services and are affecting access to some of the components in our solution. Affected clients are reporting issues when attempting to access Simplicity Runtime.Compliance Systems understands the critical need for all-time availability of our solution and we are currently working with AWS to resolve this issue. This issue is not related to our technology and will not require any release changes from Compliance Systems, we will continue to make all necessary AWS service optimizations to ensure that your business operations are n

1670
A
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Preparing for Section 1071 PodcastNews

It’s taken ten years to get to the Notice of Proposed Rule Making (NPRM) for Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. This episode of the Compliance Insider podcast reviews what you need to know as the CFPB gets closer to its final rule. Please check it out at https://complianceinsider.compliancesystems.com!  

970
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Quarterly Newsletter (June 2022)News

Read articles written by our product team on the newest trends and information in the banking industry and with Compliance Systems: June 2022 Newsletter. 

1310
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
The Compliance Insider Podcast is Here!

The Compliance Insider is the podcast series by Compliance Systems that brings you discussions about industry developments that impact your financial institution, with expert guests and analysis to help navigate change and evolve business. Our first episode, Cryptocurrency and the Legal Landscape, focuses on some recent federal and state developments in cryptocurrency and looks at their impact on financial institutions as well as considerations for institutions as potential crypto custodians and lenders perfecting a security interest with crypto collateral. Please check it out at https://complianceinsider.compliancesystems.com!

870
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Inherited IRA Best Practices AuditNews

The new IRA beneficiary rules resulting from the SECURE Act and the proposed regulations are complex, and putting them into practice requires a fresh, wholistic approach to Inherited IRAs. By examining your financial organization’s current policies and procedures as it relates to Inherited IRAs through the lens of the Inherited IRA Best Practices Audit, you can reengineer your financial organization’s IRA program. By incorporating these best practices recommendations, your organization will experience increased efficiency while consistently processing compliant transactions, reducing risks for both your financial organization and your customers.Topics addressed includeRequired documents Operational/transactions forms Death transition process Communications Reporting System capabilities TrainingThere are two formats of the Inherited IRA Best Practices Audit: remote or on-site. You choose what best suits your needs.To receive more information regarding the Inherited IRA Best Practices Au

2040
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Confluence VulnerabilityNews

Compliance Systems has become aware of a vulnerability impacting Atlassian Confluence, which can allow for unauthenticated remote code execution. This is being tracked by Atlassian as CVE-2022-26134. Compliance Systems does use the Atlassian Cloud instance of Confluence. According to the latest Atlassian advisory notification, this instance is not vulnerable and Atlassian has found no evidence of exploitation. Additionally, Compliance Systems does not use Confluence for transactional or highly sensitive information. Our client and partner privacy and information is critical to us and we will continue to monitor the vulnerability and provide updates if circumstances change.For details from Atlassian regarding CVE-2022-26134, please see the following:https://confluence.atlassian.com/doc/confluence-security-advisory-2022-06-02-1130377146.html

480
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Compliance Systems 2022 Q1 Highlights Video (Viewing Time 2:21)Video

Our teams continue to work on expanding our products to help your institution do business more effectively. Check out our Q1 highlights video to view some of these enhancements.To share this video with additional team members, click this link. 

1000
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
FDIC Computer Security Incident Notification RuleNews

The new Computer-Security Incident Notification Rule (36-Hour Rule) was created by the FDIC to require reporting obligations for ‘bank service providers’ who experience a ‘computer-security incident,’ effective May 1, 2022.Compliance Systems does not fall under the definition of a ‘bank service provider’ and therefore, is not subject to this rule.Notification requirements and processes for security-related incidents are detailed in Compliance Systems’ annual SOC 2 reports.

650
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Commercial Lending Product Overview (2:58 Viewing Time)Video

This video is an overview of what our commercial lending product offers including promptable provisions, configurable signature blocks, and Deal Maker.To share this video with additional team members, click this link. 

1130
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Quarterly Newsletter (March 2022)News

Read articles written by our product team on the newest trends and information in the banking industry and with Compliance Systems: March 2022 Newsletter. 

1080
Communications
A
Anonymous
published in TruStage Compliance Solutions News & Announcements
Partner Portal Server Maintenance Announcement

This message is intended for our business partners. Financial institution users should not be impacted and can disregard this message.Compliance Systems is planning to perform server maintenance on Saturday, February 26, 2022.This maintenance will be performed between 1PM and 6PM ET. The Compliance Systems Partner Portal will be unavailable during this time. This maintenance will not impact any of our solution Production environments. Financial institutions will be able to complete transactions as normal.

530
A
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Compliance Systems Ends Support for Internet Explorer 11News

Microsoft has ended support for Internet Explorer 11 (IE11) on June 15, 2022. In alignment with this move, Compliance Systems no longer supports the IE11 browser including Microsoft’s compatibility for Internet Explorer within the Edge browser (“Internet Explorer Mode”) for Simplicity Configuration and Simplicity Runtime as of March 31, 2022. We anticipate that this change may result in better performance of our applications as the removal of IE11-specific code will make those applications smaller with faster load times. Simplicity Mobile was developed to exclude support of IE11 and as a result, no changes in performance should be anticipated for that component.The worldwide usage of IE11 has been steadily declining for years and is currently at 0.73% according to StatCounter and 1.70% according to NetMarketShare. We do not anticipate that our discontinuation of IE11 support will negatively impact our clients or partners.You are receiving this message because our records show your inst

710
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Video Hosting Site Outage - ResolvedNews

As of 4:06 PM EST, our video hosting platform Vimeo has implemented a fix and is fully operational. 

230
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Compliance Systems 2021 Q4 Highlights Video (Viewing Time 2:38)Video

Our teams continue to work on expanding our products to help your institution do business more effectively. Check out our Q4 highlights video to view some of these enhancements.If you'd like to share this video with others who are not registered here in the Lounge, please click this link. 

800
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Quarterly Newsletter (December 2021)News

Read articles written by our product team on the newest trends and information in the banking industry and with Compliance Systems: December 2021 Newsletter.

950
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Log4J Utility VulnerabilityNews

The Apache Software Foundation has recently announced a vulnerability in its Log4J utility, which is referenced as CVE-2021-44228. Compliance Systems has reviewed both our internal systems as well as those we develop. We have been notified by Amazon Web Services (AWS) that AWS OpenSearch was using a vulnerable version of Log4J. Compliance Systems uses OpenSearch a a central logging service for our application logs and is limited to our private subnets. We have corrected this with the recommended software patch and determined that we do not have any known exposure to this vulnerability. We continue to monitor the situation to ensure there are no impacts to Compliance Systems.If you have questions, please reach out to us at support@compliancesystems.com.

2140
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Compliance Solutions Help Resources (5:53 Viewing Time)Video

Updated: March 31, 2025This video covers all the ways you can get help when working in Configuration and the Compliance Safety Net, including where to find external resources, information on the latest updates, and who to reach out to if you run into problems. To share this video with additional team members, click this link. 

1300
Communications
Communications
CommunicationsCompliance Solutions Expert
published in TruStage Compliance Solutions News & Announcements
Compliance Systems 2021 Q3 Highlights Video (Viewing Time 2:28)Video

Our teams continue to work on expanding our products to help your institution do business more effectively. Check out our Q3 highlights video to view some of these enhancements.If you'd like to share this video with others who are not registered here in the Lounge, please click this link. 

810
Communications

Recent Topics

Terms & Conditions