MORRISTOWN, N.J., June 05, 2019 /PRNewswire-PRWeb/ -- PerformLine, the organizer of COMPLY2019, the largest Compliance and RegTech event of its kind, announced the winners of the 2019 Kraken Awards in two categories: Innovation and Culture of Compliance. The highly-coveted Kraken awards presented each year at the COMPLY conference celebrate the hard work, dedication and collaboration of the industry's most innovative and committed compliance teams.
Even Financial, sponsor of the Kraken Innovation Award, together with PerformLine, reviewed and judged submissions prior to the conference and awarded the winner live on stage. Ahead of the Kraken Award Presentations, CEO of Even and PerformLine client, Phillip Rosen, spoke to the significance of innovation, "Innovation is how you tackle these big challenges, how you make the previously impossible things possible." Rosen went on to explain the qualities they looked for in the award winner including innovating to solve for challenges due to compliance and regulation issues and the value of using technology in a unique way to solve those challenges, segueing right into the presentation of the first award.
The 2019 Kraken Innovation Award presented by Even went to Better.com, one of the fastest growing home finance disruptors in the U.S. Better leverages machine learning and AI to digitize and automate every step of the home financing process to make home ownership more affordable and accessible for all.
The 2019 Kraken Culture of Compliance Award presented by PerformLine went to Progrexion, the leading technology-enabled consumer services business in Credit Repair. Progrexion, a long-time client of PerformLine's, has grown their business exponentially over the last 3 years. "Through this commitment to compliance, not only have they [Progrexion] drastically expanded their monitoring scope, but they have also created operational efficiencies," said Chief Customer Officer at PerformLine, Mike Polavieja.
COMPLY2019, the leading Compliance and RegTech conference hosted annually by PerformLine brings together compliance professionals, marketing executives, sales leaders, legal experts, innovators, investors and regulators for 2 jam-packed days of learning, networking and fun. It's never too early to pre-register for COMPLY2020, taking place May 2020 in New York City. Sign up for more information https://lp.performline.com/comply-2020-pre-register.
ABOUT EVEN FINANCIAL
Founded in 2015, Even Financial, an NYC based FinTech company, is the leading search, comparison and recommendation engine for financial services. Even provides essential infrastructure for financial institutions and channel partners - including TransUnion, Credit.com and The Penny Hoarder - to connect consumers with personalized products (loans, deposits, credit cards and more), utilizing its robust yet simple API. Even is proven to lower the cost of acquisition, improve monetization, monitor compliance and deliver transparency at scale. The Even platform serves as a trusted intermediary for financial institutions – including Prosper, LendingClub and Marcus by Goldman Sachs – that finds consumers through its vast network of channel partners and distributes their products digitally. For more information, visit http://www.evenfinancial.com.
ABOUT PERFORMLINE
PerformLine is the only RegTech solution that empowers leaders with a first-line of defense solution to mitigate risk across major consumer touchpoints: digital, voice, chat, email and social. By combining scalable tools and intelligent automation into one integrated platform, PerformLine creates a clear path to discover, monitor, act on, and mitigate regulatory risk and ensure brand safety.
The PerformLine SaaS platform features full workflow capabilities, real-time analytics, remediation, and monitoring while providing clients with significant time and costs savings by automating compliance activities across channels and departments. For more information, visit http://www.PerformLine.com
ABOUT COMPLY
COMPLY, the longest running RegTech and Compliance event, brings together the most influential gathering of legal and compliance professionals, innovators, investors, and regulators from across the globe. COMPLY is focused on actionable take-aways for mitigating risk, maintaining brand safety and meeting regulatory obligations for any company. COMPLY2019 was named a "Can't Miss RegTech Conference" and takes place in May in NYC each year NYC. Pre-Register at COMPLY2020.com
SOURCE Better.com
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