Improve Your Audit Plan With 5 Key Risk Management Principles
It can be hard to figure out where an audit plan should begin. Here are five key risk management principles to focus on to improve your audit plan.
5 Headlines That Illustrate the Future of CRA Compliance
When it comes to Community Reinvestment Act (CRA) compliance, the pressure is on! Here are 5 headlines that provide a peek at the future of CRA compliance.
5 Major Trends Reshaping Today's Lending Compliance Landscape
The financial landscape is evolving, pushed by compliance pressure and changing consumer behavior. Check out this infographic of 5 trends reshaping lending
9 Key Observations from the 2013 HMDA Data By The Numbers
The Federal Reserve recently released analysis of the 2013 HMDA data release. Here are 9 key observations from the HMDA data analysis.
9 Reasons Why the Best CEOs Will Thank their Compliance Officers
Here are 9 reasons why the best CEOs, managers, and Board are thankful for their compliance team during Thanksgiving, and all 12 months of the year.
4 Ways to Improve Risk Management When Risk Is High
Risk management is an active and ongoing process. Here are four ways to improve risk management when risks are high.
Fair Lending & PPP: Who Tells Your Story?
The Paycheck Protection Program is becoming a hot topic in Fair Lending. Who is going to tell your PPP Fair Lending story?
Which Hamilton Character Is Your Right-Hand Man?
Take this fun quiz to find out which Hamilton character would be your right-hand risk manager.
Ncontracts Names Guy Weismantel EVP of Marketing
Brentwood, TN., July 20, 2020. Ncontracts announced that effective July 15, 2020, Guy Weismantel has joined the company as Executive Vice President of...
Internal Audit 101: Audits vs. Compliance Reviews
The difference between audits versus compliance reviews. Both require expertise and surface systemic issues. But there are several key differences.
OCC Says Fair Lending Risk Is on the Rise
The OCC notes that overall compliance risk is increasing, calling out Fair Lending risk, in particular, is on the rise.
Did Your Vendor Need PPP Funds?
Did one of your critical third-party vendors need Paycheck Protection Program (PPP) funds?
Business Continuity: 7 Areas to Evaluate Part-Way Through A Pandemic
Regularly evaluate your operations and business continuity management to ensure plans are performing as expected through a pandemic.
Second “Buy Here, Pay Here” Auto Dealership in Hot Water Over Fair Lending
Second case of “buy here, pay here” auto dealership in hot water with authorities for Fair Lending violations.
Ncontracts Launches New Automated Audit Management Tool, Nverify
Brentwood, TN., July 01, 2020. Ncontracts is excited to announce the launch of its much-anticipated audit management tool, Nverify.
ABA Bank Compliance Magazine: Rolling the Dice on Ethics
ABA Magazine, Rolling the Dice on Ethics explores research and case studies to understand the relationship between compliance and ethics.
What Examiners Will Be Looking for in Your COVID-19 Response
The ongoing COVID-19 pandemic has impacted operations and financials at every financial institution.
Does Your CMS Measure up to DOJ Expectations?
That means it’s in a FI’s best interest to look so they can feel confident that existing policies and procedures align with DOJ expectations.
Does Your Vendor Management Program Measure Up to the DOJ Expectations?
Every FI knows that regulatory agencies evaluate their vendor management program as part of the exam process. The Justice Department does too.
What the Fed Chair has to Say About Fair Lending Enforcement
We’ll check in on Federal Reserve Chairman Jerome Powell’s latest comments on Fair Lending enforcement.
Third-Party Vendors & Compliance Risk: 10 High-Risk Compliance Situations
That’s the situation financial institutions face when a third-party vendor acting on behalf of the bank doesn’t comply with laws and regulations.
Unfair Lending: FTC Settlement Shows What Happens When Lending Policies Are Just Wrong
Here at Ncontracts, we tend to emphasize the important role of policies and procedures in ensuring Fair Lending compliance.
4 Ways To Use Complaint Data To Improve Risk Management
They serve as warning signs when there is a problem with your financial institution’s compliance and risk management programs.
PPP: Fair Lending Fields in the Forgiveness Application & Updated Law
Just when you think you’ve finally wrapped your head around the Paycheck Protection Program (PPP), new information changes your outlook.
Due Diligence Documentation: 9 Common Mistakes
Vendor due diligence is a regulatory requirement of the vendor management process. Financial institutions are required
The Problem With Playing In A Software Sandbox
How do you vet a third-party vendor solution? If the answer is asking to test out the product in a sandbox, then you may want to rethink it.
Fair Lending FAQs: Small Businesses & the Paycheck Protection Program
The Paycheck Protection Program (PPP) has proven a more-than challenging endeavor for financial institutions.
9 Benefits Of Vendor Management Software Vs Manual Tracking
When it comes to vendor management software, some financial institutions rely on a combination of spreadsheets, email, and shared drive files.
OCC Releases Final CRA Modernization Rule: What You Need to Know
The OCC released its final Community Reinvestment Act (CRA) rule last week, shortly before Comptroller Joseph Otting stepped down.
How To Work With The Board & Management: 6 Tips From A Top Compliance Officer
When a bank has a good compliance management system (CMS), training, an engaged board, and monthly testing.