Last week, we discussed how your web hosting provider can ensure your bank or credit union website is compliant with federal examiners. In the conclusion of the series, we’ll look at the regulatory requirements affected by the design of your website.
More than 7.5 million Americans had a vision disability in 2018. The Bureau’s Americans with Disabilities Report found that the visually impaired had a median income of $35,167 in 2014. Americans with disabilities have more than $200 billion in discretionary spending, according to the National Organization on Disability. With these statistics in mind, your bank website needs to be ADA compliant. In addition to avoiding an ADA lawsuit, being accessible to visually impaired customers is good public relations, boosts your SEO, and increases your customer base.
The statistics for 2019 are still being tallied, but law firm Seyfarth Shaw predicts that at least 20 percent of ADA Title III lawsuits last year involved inaccessible websites and mobile apps. Although the rate of filings slowed down during the last quarter of the year, the total number of lawsuits was on track for surpassing the more than 10,000 […]
In an earlier blog, we told you about three Americans with Disabilities Act (ADA) lawsuits that could affect your bank website in the future. International law firm Seyfarth Shaw projects a total of 2,408 ADA website accessibility lawsuits will be filed by the end of 2019, a 7% increase compared to 2018. In fact, in the first half of 2019, […]
As more customers conduct business online, the number of Americans with Disabilities Act (ADA) Title III lawsuits has increased against companies with inaccessible websites. According to international law firm Seyfarth Shaw, 2,258 ADA compliance website claims were filed in federal court in 2018, an increase of 177% from 2017. At least 133 of these lawsuits involved a bank or credit […]
With the passage of the Americans with Disabilities Act (ADA) in 1990 and the update to Section 508 of the Rehabilitation Act of 1973 in 2018, web accessibility should be at the forefront of every business, including financial institutions. Both the American Bankers Association (ABA) and the National Association of Federal Credit Unions (NAFCU) have stressed the importance of ADA […]