ADA Website Compliance For Banks Is Mandatory!

The banking and finance sector serves the vast majority of people with all their financial needs. Having an accessible website is a prerequisite.

The Americans with Disabilities Act covers this sector, ensuring that people with disabilities have equal access to goods and services in the Banking and Finance sector.

ADA website compliance for banks makes banks' digital platforms easier to navigate and promotes an inclusive user base.

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The Americans with Disabilities Act covers this sector, ensuring that people with disabilities have equal access to goods and services in the Banking and Finance sector.

ADA website compliance for banks makes banks' digital platforms easier to navigate and promotes an inclusive user base.

Requirements For Compliance For Financial Institutions

The ADA compliance applies to websites, mobile apps, and other digital tools used in the banking and finance industry. Here are a few criteria that are absolutely non-negotiable to ensure your website's banking compliance.

Alt Text

All text on the website or app must be accompanied by alternative text that describes the image or content so screen readers can understand it.

Form Labels

In forms, all fields must be labeled clearly, and all instructions must be easy to understand.

Transcripts

Transcripts must accompany audio and video content. This allows people who are deaf or hard of hearing to access the content.

Responsive Design

Websites and mobile apps must be designed for different screen sizes and resolutions. This ensures that people with visual impairments can still use the website or app, even on a small or low-resolution screen.

Colorblind Friendly

Color schemes must be colorblind-friendly.

No Flashing Content

Flashing or blinking content must be avoided. This can cause seizures in people with photosensitive epilepsy.

Is Your Website Prone To Any Legal Consequences Due To Non-Compliance?

Non-adherence to the regulations set out in the framework can lead to legal consequences. Here’s a list of potential consequences that ADA Tray® tries to shield your website from

Civil lawsuits

Individuals or businesses harmed by a financial institution's noncompliance may file a civil lawsuit against the institution.

Financial penalties

Financial institutions can be fined for non-compliance with regulations. The fine amount can vary depending on the severity of the violation.

Criminal prosecution

In cases of severe violations, such as money laundering or terrorist financing, criminal prosecution may be pursued.

Damage to reputation

Non-compliance with ADA regulations can damage a financial institution's reputation. This can make it more difficult for the institution to attract customers and investors.

Regulatory scrutiny

Financial institutions that are not in compliance with ADA regulations are more likely to face regulatory scrutiny. This can lead to increased compliance costs and a loss of flexibility in the institution's operations.

Is your website ticking all the boxes of ADA website compliance for finance?
ADA Tray® guarantees increased accessibility!

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How the ADA Tray® Comes To Your Rescue?

ADA Tray’s cutting-edge technology, expert team, and easy-to-use interface ensure you keep all legal issues at bay and make the digital financial sector inclusive for all!

Enhanced User Experience

Increased accessibility ensures easier navigation and a better user experience.

Boost Customer Loyalty and Reputation

Customer satisfaction is directly proportional to increased loyalty and reputation.

Legal protection

Adherence to the ADA website compliance for finance provides legal protection.

Don't Wait for a Demand Letter to Discover Accessibility Issues.

Businesses are being targeted by ADA click-by lawsuits every day. Find and fix compliance gaps before someone else finds them first.

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