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...
How to Lead During a Pandemic: A Conversation with Marcia (“Marci”) Malzahn
The pandemic activated every single risk. Right now, bankers are dealing with credit, liquidity, interest rate, earnings, capital, and human resources.
The New COVID-19 Risk Environment: Reassessing Risk
Risk has always been a part of banking. But today, with the spread of COVID-19 wreaking havoc on customers, the economy, and how we live and do business,
Fair Lending Pitfalls: The CARES Act & Mortgage Loan Servicing
Congress passed the Coronavirus Aid, Relief, and Economic Security Act (more commonly known as the CARES Act) last month, learn how it effects you.
Ncontracts Successfully Completes Another SSAE 18 Audit
Ncontracts Successfully Completes Another SSAE 18 Audit
Examiners Want to Know: Does Your CMS Ensure Consumer Protection & Compliance?
Preventing consumer harm is among the top goals of financial regulators. That goal is best accomplished with streamlined CMS.
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & IT (Part 6)
HR may be setting up work-from-home policies and dealing with employee concerns, but the IT department has to make sure the technology works.
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Finance & Lending (Part 5)
As COVID-19 spreads across the U.S., finance and credit departments at financial institutions are facing a new world of risk.
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Compliance and Risk (Part 4)
While many necessary compliance and risk functions continue, it’s by no means business as usual. COVID-19 is creating new operational risks that need to
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Board & Management (Part 3)
As COVID-19 spreads across the country, boards and management are making critical decisions to adapt to changing conditions.
CU Broadcast Interview Michael Berman on Third-Party Risk and COVID-19
That’s the question Mike Lawson from CU Broadcast had for Ncontracts CEO and Founder Michael Berman.
COVID-19 Update: CFPB Postpones HMDA Data Collection
As financial institutions scramble to maintain operations and aid customers and members as COVID-19 continues to spread, the Consumer Financial Protection …
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & the Frontline, Back Office & Marketing (Part 2)
In this second blog in Ncontracts’ series breaking down key operational risk considerations department-by-department, we’re addressing three departments:
Finastra, World’s Third-Largest Fintech, Responds to Ransomware Attack
Finastra, the third-largest fintech company in the world, took its servers offline Friday to protect its data after detecting a ransomware attack, the
Covid-19 Risk Management: Balancing CRA & Fair Lending
The Federal Reserve Board, the FDIC, and the Office of the Comptroller of the Currency encourage financial institutions to work with affected customers