Compliance is a Headache.
oFlows Can Help.
Andera can’t guarantee compliance with all federal regulation, but we’ve done
all that we can to make compliance as painless as possible.
Consumer Protection
Since the 1960s the federal government passed
many laws intended to protect consumers against
discrimination and manipulation by financial
institutions. Unfortunately, those regulations make it
necessary to incorporate numerous disclosures and
extra steps into the account opening and loan
application process. The oFlows workflow is
designed to make crossing your t’s and dotting your
i’s as easy as possible.
oFlows Keeps Compliance:
 Automated: oFlows integrates
with identity verification and
fraud prevention services to save
time for your staff

and saves a digital record of opt-
Sanctions, Crime, and Fraud
The federal government has also passed a number
of measures that require financial institutions to keep
a sharp lookout for money laundering, identity theft,
and other types of fraud in the account opening and
loan application process, and to prevent individuals
or organizations from sanctioned countries from
opening an account, or risk hefty fines. Third-party
integrations and call-outs help you identify red flags
to stay compliant.
Documented: oFlows generates
ins, disclosures, and third-party
reports to make auditing easy

Paperless: Of course, oFlows
keeps the process paperless
from start to finish
More information: [email protected]
Consumer Protection
Upload the disclosure
forms you use in the
branch to your online
workflow, and let
applicants print and save
Include opt-in boxes at
the required points in the
application workflow
Ensure that applicants
receive key disclosures
and documentation
Use Andera’s standard
disclosure and help text,
or add your own
Electronic Disclosures
Electronic Signatures in Global and National Commerce Act of 2000
Electronic disclosure regulation requires applicants to opt-in to
electronic disclosures. oFlows allows you to upload your own
“disclosure for disclosures” text and includes an opt-in step
Regulation B
Equal Credit Opportunity Act of 1974
Regulation B requires institutions to notify applicants denied credit
and take anti-discriminatory measures in lending. oFlows emails
denied applicants an adverse action notice, and allows you to hide
information from loan underwriters via Console permissions.
Regulation E
Electronic Fund Transfer Act of 1978
Regulation E requires applicants to opt-in before overdraft fees
can be addressed. oFlows allows you to upload of your overdraft
disclosures and includes opt-in step.
Regulation CC
Expedited Funds Availability Act of 1987
Regulation CC requires institutions to disclose when funds will be
available for withdrawal. oFlows provides best practice disclosure
text on the funding page, and allows customization if desired.
Regulation DD
Truth and Savings Act of 1991
Regulation DD requires institutions to disclose terms and conditions
about deposit account interest rates and fees in a form applicants
can keep. oFlows lets applicants view, save, and print disclosures.
Regulation Z
Truth in Lending Act of 1968
Regulation Z requires institutions to disclose terms and conditions
about loan interest rates and fees in a form that applicants can
keep. oFlows lets applicants view, save, and print disclosures.
Regulation P
Right to Financial Privacy Act of 1999
Regulation P requires applicants to opt-in before disclosure of
private information to non-affiliated third party. Andera is directly
regulated and an affiliated party, so Regulation P does not apply.
More information: [email protected]
Sanctions, Crime, and Fraud
Check for red flags, and
verify identity to satisfy
your institution’s CIP
Safely upload supporting
documents from a
desktop or by snapping a
photo on a mobile device
Ensure compliance with
internal processes by
defining product-specific
Red Flag Rule
Fair and Accurate Credit Transactions Act of 2003;
Red Flag Program Clarification Act of 2010
The Red Flag Rule requires financial institutions to implement a
written identity theft prevention program defining procedures for
detecting and acting on red flags. oFlows helps by integrating with
identity verification and fraud prevention services, and by allowing
you to define a preapproval checklist.
Office of Foreign Assets Control (OFAC) Rules
Trading with the Enemy Act of 1917;
PATRIOT Act of 2001
Financial institutions are prohibited from lending to individuals or
organizations in sanctioned countries. oFlows checks applicant
names against the OFAC Watch List and flags IP addresses in
sanctioned countries.
Bank Secrecy Act / Anti-Money Laundering (BSA/AML)
Bank Secrecy Act 1970;
PATRIOT Act of 2001
BSA/AML rules require financial institutions to report daily
aggregate purchases greater than $10,000 and other suspicious
activity, have a written Customer Identification Program (CIP), and
keep records of identification documents. oFlows helps by
allowing you to ask account usage questions during the
application process, by integrating with identity verification and
fraud prevention services, and by allowing you to define a
preapproval checklist.
checklists for staff
Automatically generate
digital application record
with scanned copies of
identification documents
More information: [email protected]