Apple Card’s Fair Lending Fiasco
While those tracking the mortgage industry have been digging through the new, expanded Home Mortgage Disclosure Act (HMDA) data, other types of Fair...
What Does the Federal Reserve Look for in a CMS?
The Federal Reserve's CMS approach is based on two primary parameters: board & management oversight and the compliance program.
Risk Management Aids Prep for Risk-Focused Exams
Risk management helps financial institutions anticipate and guard against all kinds of risks. But did you know it can also help prepare for exams?
A Risk Assessor Origin Story Courtesy of Stephen King’s IT
Movies are chockfull of superhero origin stories, but what about us regular risk management folks?
All the Fair Lending News That’s Fit to Print
2019 has been a big year for Fair Lending news. We catch you up on the latest.
Ncontracts Promotes Stephanie Lyon to VP of Compliance
Ncontracts announced that it has promoted Stephanie Lyon to VP of Compliance. Lyon is responsible for leading the development and ongoing enhancements...
What Does the FDIC Look for in a CMS?
The FDIC expects a bank’s board of directors and management to have a compliance management system (CMS) adapted to its business strategy to effectively
7 Features Every Compliance Management System (CMS) Needs
Compliance management is no joke. Look for a compliance management solution with these seven key features...
OCC Hopes to Issue Joint CRA Proposal This Fall
Comptroller of the Currency Joseph Otting is hopeful that a joint CRA modernization proposal will be issued on an interagency basis this fall.
Can You Adopt an Agile Approach to Compliance?
One of the buzzwords in business these days is “agile.” If you’re looking to learn more about what an agile approach is, and how it can be used in...
What Does the NCUA Look for in a CMS?
The NCUA defines a compliance management system as a credit union’s overall approach to managing compliance risk.
3 Benefits of Analytics Software vs. Manual Analysis of Your HMDA Data
Are you still analyzing your Fair Lending data manually? If so, it’s time to consider a different approach. Here are the benefits of replacing a manual...
9 Reasons Why We Are Thankful For Compliance Officers
Here are 9 reasons we are thankful for compliance officers! Thank you, compliance officers, for everything you do.
Have You Prepared for Climate Change Risk?
What is your bank doing about climate risk and its potential impact on loans, investments, and operations?
Quiz Time! How Did You Get Your Start in Banking?
Risk management starts at the top, but bankers typically start at the bottom.
5 Fair Lending Lessons Learned in 2019
Now is perfect time to reflect on some of the lessons learned this year. In particular, we’ve seen lots of changes in Fair Lending compliance.
5 Fair Lending Lessons Learned in 2019
As Q4 approaches, it's time for compliance professionals to reflect on the changes we’ve seen so far. Here are 5 fair lending lessons learned this year.
4 Features Every Vendor Management Solution Needs
A vendor management software solution organizes existing processes and documentation while showing how vendor relationships and policies can be improved.
What If a Cyber Attack Caused a Bank Failure?
There are more than just financial threats to industry stability. The FDIC is actively considering how it would handle an unprecedented scenario: a bank
Ignore KRIs & KPIs at Your Own Peril: Best Practices for Key Risk Indicators
Stop me if you’ve heard this story before. Significant management turnover at a $1B FI, and new management is eager to make an impact. The solution:
Summer Blockbusters Revisited: Assessing My Risk Assessments
When it can cost nearly $100 to take a family of four to the movies (including snacks, of course), you don’t want to risk wasting your cash on a so-so movi
School's in Session: 3 Tips to Help You Ace Compliance
Here are three essential, timeless tips for you to remember to ensure that you achieve your compliance goals in 2019 and beyond.
Is Your Institution Prepared for These Emerging Risks?
Across the business world, businesses in all industries are worried about the pace of change...
PA Bankers Services Corporation Endorses Ncontracts’ Solution Suite
The PA Bankers Services Corporation (Services Corp.) and Ncontracts jointly announce the addition of Ncontracts into the corporation’s Select Vendor...
15 Key Insights from the CFPB Fair Lending Report [Part Two]
Check out the second half of our two-part series on the CFPB's 2018 Fair Lending Report. If you have to comply with Fair Lending, this post is for you.
6 Silo-Busting ERM Tips
How do seasoned risk professionals fight risk management inertia? They find ways to dismantle silos and develop processes to spark discussion about risk
Ncontracts Recognized by Inc. Magazine as one of America’s Fastest Growing Companies
Ncontracts, the leading provider of integrated risk management solutions for financial institutions has joined the Inc. 5000, the magazine’s annual...
15 Key Insights from the CFPB’s 2018 Fair Lending Report [Part One]
The CFPB's released the 2018 Fair Lending Report to Congress in June. Here is the first of our 2-part blog about the regulatory insights you need to know.
CU Broadcast Interviews Stephanie Lyon on Compliance Management System for Financial Institutions
Our very own Director of Compliance, Stephanie Lyon, talks with Mike Lawson from CU Broadcast about the company's new CMS solution for FIs.
Bank Audit
A bank audit is a routine procedure designed to review the services of financial institutions to ensure they are in compliance with laws and industry