OFAC (Office of Foreign Assets Control) is a part of the U.S. Department of the Treasury that enforces sanctions against entities and individuals engaged in activities that threaten the nation’s security, economy, or foreign policy.
Omni-channel banking involves providing customers and members with consistent, reliable experiences across self-service and full-service channels. Financial institutions that successfully deliver omni-channel experiences make it easy for account holders to switch between channels without losing track of their banking journeys.