lowellringer
63 posts
Nov 05, 2024
12:27 AM
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How does Tallyman help Axis Bank maintain compliance with regulatory standards?
Tallyman assists Axis Bank in maintaining compliance with regulatory standards by providing a systematic approach to debt collection. The software ensures that all communication with customers, including reminders, calls, and follow-ups, is recorded and can be retrieved if needed for audit purposes. It allows Axis Bank to follow established protocols and timelines for loan recovery, helping the bank avoid aggressive or unlawful collection practices. Additionally, Tallyman offers data encryption and secure access controls, which are crucial in safeguarding sensitive customer information and meeting industry standards for financial services compliance. You can read the entire article at http://theinvestingbay.com/.
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