360factors, Inc. announced that Openpay, a fast-growing and highly differentiated player in the global ‘Buy now pay later’ (BNPL) payment solutions market, selected 360factors’ Compliance Management suite of solutions.
“360factors’ deep experience in serving the financial industry was a key consideration during our selection process,” said Gary Stein, Openpay Chief Product & Compliance Officer, U.S. “We look forward to implementing Predict360 to enhance our compliance program.”
“360factors is thrilled to collaborate with Openpay to implement our Compliance Management solution,” said Carl McCauley, CEO for 360factors. “Like banks and credit unions, the fast-growing FinTech industry is adapting to an evolving landscape of regulatory requirements and competition. Innovative organizations like Openpay that utilize modern technologies for compliance management can proactively meet their regulatory obligations and create a competitive advantage.”
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As a risk and compliance solutions leader within the banking and financial services industries, 360factors continues to develop relationships with banks and financial services institutions seeking to remove inefficiencies while elevating their risk and compliance management programs.