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.
5 Tips For Assessing Your Financial Institution’s Pandemic Performance
Now that we’re months into the COVID-19 pandemic, financial institutions can finally begin assessing their pandemic performance.
Fair Lending FAQs Part 1: Exam Outlook, CRA & Mortgage Forbearance
Fair lending is always a hot topic. This is especially true when there are regulatory changes and lenders are scrambling to decipher the unintended...
3 Common Questions About Vendor Response To COVID-19
Monitoring critical vendors’ response to COVID-19 and the effectiveness of their ongoing business continuity management (BCM)
What’s The Difference Between Business Continuity Management (BCM) And Pandemic Planning?
There is a huge amount of overlap between BCM and pandemic planning guidance.
Are Your Vendors Flexible in a Crisis?
From the Paycheck Protection Program to mortgage forbearance, FIs have scrambled to adjust to new rules and help customers obtain much-needed funding.
4 Ways To Streamline Your CMS
Many institutions already have a strong compliance management system (CMS) in place.
Fair Lending in the Time of COVID: Trends from the CFPB & OCC
We may be weary from living it and reading about it, but COVID-19 continues to impact every aspect of everyday life—including fair lending...
FFIEC: Risk Management Is Essential To Safe & Sound Cloud Computing
From the model used to risk appetite and the complexity of a financial institution’s operations, FIs need to understand how their specific cloud-computing
7 Tips For Making Your Complaint Program More Effective
Read on for seven tips to make your complaint management program more effective.
Inside Ncontracts COVID-19 Pandemic Response
When your company is full of risk management and business continuity experts, you have to be prepared to face the unexpected.
Fair Lending Pitfall #3: The CARES Act & PPP
Do you like your small business lending with a side of controversy? If so, you’ve probably been actively monitoring the Paycheck Protection...
A Little Monday Inspiration: The Banking Heroes We Need
We all need a little inspiration to brighten these difficult days. I got a dose last week from this story in The Washington Post about how nimble banks
How COVID-19 Is Impacting Fair Lending Compliance
Small business loan demand is through the roof thanks to government assistance programs, while low mortgage rates have resulted in high demand
Ncontracts Announces New Board of Directors
Nashville, TN, April, 21, 2020 – Ncontracts, the leading provider of integrated risk, vendor and compliance solutions for financial institutions...
Fair Lending Pitfalls #2: The CARES Act & Reporting Delinquencies
When Congress passed the Coronavirus Aid, Relief, and Economic Security Act (more commonly known as the CARES Act) last month...