RiskScout, a Leading Commercial BSA Platform Provider, Partners With RADD
AUSTIN, Texas, September 8, 2022 (Newswire.com) - RiskScout, a leading commercial BSA platform utilized to streamline the compliance burden of banking "higher-risk" businesses for financial institutions, announces a new strategic partnership with RADD.
RADD (Risk, Advisory, Direction and Delivery) has a proven track record of success with clients nationwide by helping financial institutions translate their vision into actions, while optimizing returns. The RADD team excels in policy and procedure development, audit management, and leveraging technology to streamline processes and reduce costs.
Justin Fischer, Co-Founder and CEO of RiskScout, shared, "With RADD, bankers have access to internal auditing expertise and expert compliance consultants, which complements our solutions to our clients. RiskScout provides the comprehensive platform by automating onboarding, due diligence and ongoing compliance activities. Our combined solutions allow financial institutions to effectively scale their growth."
Radhika Dholakia-Lipton, founder of RADD LLC, stated, "We're excited to be part of a cannabis ecosystem where best-in-class companies with innovative solutions are coming together to serve our mutual clients. We look forward to working closely with RiskScout to deliver on our collective promises."
For more information on the partnerships or RiskScout, please visit www.riskscout.com, or contact Julie Esser at 608-217-0678 or julie@riskscout.com.
About RiskScout
RiskScout is a commercial BSA platform that streamlines complex compliance in verifying, onboarding, and managing emerging market businesses such as hemp, cannabis, private ATMs, crypto, MSBs and more. Built by a team of former bankers, regulators, technologists and fintech professionals, RiskScout removes the BSA/AML business obstacle of risk underwriting and due diligence through automation to help banks scale growth, not overhead. Where others see risk, we see opportunity. For more information, visit www.riskscout.com.
About RADD
Radhika Dholakia-Lipton founded RADD LLC. to provide financial institutions with an all-in-one level of expertise that was missing in the market: internal auditing and compliance consulting, cost-saving technology, and customized compliance solutions - all from one experienced and trusted firm. Please visit https://www.raddllc.com to learn more.
Source: RiskScout