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Home » Store » Taxable » Compliance Tech Spending Is Up, But Will Trend Continue?

Compliance Tech Spending Is Up, But Will Trend Continue?

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Compliance technology spending jumped 51 percent between 2002 and 2003 as lenders struggled to comply with new laws such as Sarbanes-Oxley and the USA PATRIOT Act. However, plans to increase the tech budget for generating business leads could reduce budget allocation for compliance in 2005, according to Gabe Minton, MBA’s vice president of industry technology. …
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