Embedded Banking Services Experience a Boost as Dan Chang Takes on Dual Role as General Counsel and Chief Compliance Officer at Thread Bancorp, Inc.
Thread Bancorp, Inc., a leading player in digital financial services, has announced the appointment of Dan Chang as its new General Counsel and Chief Compliance Officer. Chang's extensive experience in managing risk and compliance for banks, FinTechs, and embedded lenders will strengthen Thread Bank's already robust compliance practices.
Chang's role at Thread Bank will be pivotal in ensuring transparency, compliance, and efficiency are at the core of the company's operations. He will serve as the key legal and compliance advisor to Thread Bank's executive team and board, managing all legal affairs and overseeing a best-in-class compliance framework.
With his deep knowledge of the financial regulatory landscape and compliance best practices, Chang will lead regulatory strategy at Thread Bank. He will play a critical role in maintaining Thread Bank's sound regulatory standing as it grows through Embedded Banking partnerships. Chang's experience in managing risk and compliance across multiple jurisdictions will be instrumental in ensuring Thread Bank's compliance with financial services regulations worldwide.
Chris Black, Thread's CEO, expressed his happiness about Chang joining the team. "Dan's extensive experience in embedded finance and his deep understanding of regulatory landscapes will be invaluable as we continue to grow and expand our services," Black said.
Chang, who has built his career in embedded finance across banks and FinTechs that rely on critical depository partnerships, looks forward to helping Thread Bank build trusted and scalable partnerships that focus on strong risk management and compliance. "I am excited to join Thread Bank, an accomplished leader in digital financial services, and help the company continue to deliver best-in-class, reliable service at the highest standards," Chang said.
Prior to joining Thread Bank, Chang served as General Counsel and Chief Compliance Officer at Splash Financial, Inc. Thread Bank was led by Chang as General Counsel and Chief Compliance Officer, but there is no available information on who led the company before his appointment in the provided search results.
Thread Bank's embedded banking platform will broaden the range of consumer and commercial services it offers. Compliance is a commitment to customers for Thread Bank to deliver best-in-class, reliable service at the highest standards. With Chang's appointment, Thread Bank reaffirms its commitment to maintaining a compliant and transparent business environment.
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