Fed Releases Community Reinvestment Act (CRA) Modernization Proposal
After a long deliberation, the Federal Reserve released its Advanced Notice of Proposed Rulemaking (ANPR) for the Community Reinvestment Act this week.
Is Your Vendor Prepared for Disaster?
Recent analysis conducted by the FDIC’s OIG finds that just half of vendor contracts it reviewed “explicitly included business continuity provisions.”
5 Ways to Show Your Files Some Love—and Better Manage Risk
In honor of National Love Your Files Week (September 21-25), we’re sharing our top five tips for making file management simpler and more efficient
7 Ways to Cut Compliance Costs & Still Stay Compliant
Many financial institutions are using creativity and practical thinking when looking for ways to cut compliance budgets and still remain compliant.
CFPB Sues Debt Collectors: Are You Making the Same Compliance Mistakes?
The CFPB sued debt collectors and debt buyers for making compliance mistakes that allegedly violated the CFPA and FDCPA.
9 Steps to an Effective Tabletop BCP Test
Your BCP tabletop exercise is an important part of your overall business continuity plan. Here are 9 steps you can take to ensure your test is effective.
How Have Critical Vendors Performed During the COVID-19 Pandemic?
The COVID-19 pandemic has been a trying time for everyone—including financial institutions working with third-party vendors.
Business Continuity Planning: Where to Start
There’s no shortage of information about business continuity planning (BCP), but having lots of information is different from having
What Makes A Good Audit Trail?
All financial institutions need a good audit trail. Here are six tips to ensure that your FI’s audit trail will be effective.
10 Business Continuity Planning Basics
After the past few months of fire and weather calamities, many financial institutions are wondering if their business continuity plans (BCPs) are
3 Ways to Keep Your Business Continuity Plan Current
It was a rainy night, the kind where television programs are interrupted by an emergency alert warning of a flash flood, but he wasn’t worried.
Pain Points: Top Frustrations for Compliance, Risk Management & Internal Audit
Attendees of the ABA Risk and Compliance Virtual Conference tell us about their top compliance, risk management, and audit pain points at their...
How to Avoid Accidental Lending Bias During the Mortgage Boom
Avoid accidental lending bias during this time when home mortgage refinancing demand is at a record high and lenders are working at a frenzied pace.
Expanding Our Capabilities For You
Ncontracts is excited to announce the acquisition of Banc Intranets and want to welcome all of our newest colleagues to the Ncontracts family!
Expanding Our Capabilities For You
Ncontracts is excited to announce the acquisition of Banc Intranets and want to welcome all of our newest colleagues to the Ncontracts family!
Ncontracts Acquires Banc Intranets
Ncontracts announced it has acquired Banc Intranets and now offers the most comprehensive set of capabilities to assess and monitor risk and compliance.
Incident Tracking: 4 Benefits & 5 Best Practices
Incident tracking is an important part of any vendor management system with many benefits and can be an effective tool when handled properly.
CFPB Fines Mortgage Company $150,000 for Deceiving Veterans: What Went Wrong?
CFPB fines a California-based mortgage company $150,000 after sending veterans mailers with misleading or deceptive statements.
Your Risk Assessment Process Questions Answered
What really goes into the risk assessment process? Your questions answered.
Making Lending Fair for Everyone
Fair lending means lending should be fair for everyone. Here are a few steps that financial institutions should take to help ensure everyone a...
Misinterpreted Cyber Guidance & 4 Tips for Avoiding the Same Mistake
It is easy to misinterpret cyber guidance, but it can be avoided. Here we share four tips to help you avoid these mistakes.
FIs & Consumer Groups Agree: New GSE Mortgage Fee Is Not Fair
Financial institutions and consumer groups are in an uproar and both agree the new GSE fee on mortgage refinances is not fair.
Risk Management Tips for Avoiding Ransomware
The stories about ransomware never seem to end. Learn risk management tips for avoiding ransomware at your financial institute.
Does Your FI Need an Audit Committee?
Does your FI need an audit committee as a regulatory requirement or just a best practice? It depends on the size and type of your FI.
Ncontracts Once Again Recognized by Inc. Magazine as One of America’s Fastest Growing Companies
Ncontracts recognized by Inc. Magazine as one of America's Fastest Growing Companies showcasing rapid growth and expansion of the customer base.
Fair Lending Enforcement Is Heating Up: Avoid These 3 Mistakes
It’s been a busy summer for fair lending compliance enforcement. Both the CFPB and the Justice Department have been cracking down on Fair Lending...
Board & Management Fail: Operational Risk Management Weaknesses Leads to $80 Million Fine
Capital One's board and management correct operational risk management weaknesses that led to $80 million fine after database was breached.
9 Risk Management Failures That Led to Charges Under NY’s Cyber Law
Risk management failures exposing private customer data lead to charges of a title company based in Nebraska under NY's cyber law.
COVID-19 Loan Relief: 3 Risk Management & Fair Lending Tips
Financial institutions have been working with borrowers struggling as a result of the COVID-19 pandemic. Here are 3 risk management and fair lending tips.
Vendor Due Diligence: Don't Make This SOC 2 Report Mistake
Make sure to engage in due diligence with your third-party vendor and avoid critical SOC 2 report mistakes.