Laws vs. Regulations vs. Guidance: What's the Difference?
What's the difference between laws vs. regulations vs. guidance? We're breaking it down into a simple explanation in this blog.
Do You Qualify for the HMDA Small Filer Exemption?
If HMDA compliance is a priority for you, you need to know the details of the CFPB's HMDA Small Filer partial exemption...
Free Your Inner Luddite & Find Risk Management Peace
If you think of yourself as a risk management Luddite, consider this fresh perspective. It will make your job easier if you’ll let it.
5 Fun Ways to Celebrate the Fair Housing Act's 50th Birthday
One of the most fundamental regulations to today's compliance landscape is the Fair Housing Act. As this landmark legislation turns 50, here...
Discovering a Vendor Data Mistake: A Lesson from the Fiserv Flaw
Have you ever swapped out a number or letter in a URL to skip to another page? Cybersecurity researcher and ethical hacker, Kristian Erik
Poor Vendor Risk Management Costs Bank $4.75 Million
Compared to other agencies, the Fed hasn’t handed down very many enforcement actions for unfair and deceptive practices violating the FTC Act. Why then is
How to Set Up a Risk Committee
The risk committee helps ensure that management and the board understand each other. Here're tips on setting up a risk management committee.
5 Lessons from HUD's "Digital Redlining" Complaint Against Facebook
Last week, the Department of Housing and Urban Development announced a formal complaint against Facebook for alleged digital...
Risk Assessments 101: The Role of Probability & Impact in Measuring Risk
Risk assessment methodology for banks aren’t nearly as subjective as they may seem. Here, we walk you through exactly what you need to evaluate.
Which Risk Manager Would You Hire? Game of Thrones Edition
While we wait for next year’s final episodes, get your GoT fix with this hypothetical exercise in risk management hiring...
Breaking: OCC Says Multiple CRA Downgrades for Discrimination Still Possible
If you're regulated by the OCC, you need to understand the updates to their policies on CRA ratings downgrades as a result of evidence of discrimination.
Regulators Release 4 Valuable Warnings on Redlining Risk
In last month's bulletin from the Federal Reserve, the regulators released 4 warnings about Redlining risk management. You won't want to miss these valuabl…
5 Features Every Vendor Management Software Solution Should Have
Here are the top five features to look for when selecting a vendor management software solution...
FS-ISAC Offers Free Cyberattack Exercise
When was the last time your incident response team practiced its response to a cyberattack? If it’s been awhile, you may want to look into the CAPS
11 Powerful Headlines Showcase the Media's Focus on Redlining
In the compliance world, Redlining remains a primary area of focus. Regulatory agencies, no matter their politics or priorities, agree that Redlining...
Is Your Third-Party Vendor Contract Specific Enough When It Comes to Cybersecurity?
If you’re assuming your third-party service provider is following cybersecurity best practices because it’s smart business, think again...
Is Your Compliance Program Reactionary or Proactive?
Is your compliance management program reactionary, or is it proactive? In this post, you'll learn why compliance is still critically important, and...
How Confident Is Your CFO When It Comes to Managing Risk?
When it comes to managing risk, many CFOs are not highly confident in their abilities to get the job done well. Here's 3 reasons why:
Examining the Examiner: What the OIG Has to Say About the FDIC
Your regulator may seem like an all-powerful force, but everyone answers to somebody. In the case of the FDIC it’s the (OIG)
$30,000 Fair Lending Settlement Highlights Power of Community Groups
A recent Fair Lending settlement with a $1B New York-based credit union highlights the importance of a strong Fair Lending compliance risk management...
Risk & Vendor Management: The Role of Committees vs. Departments
When it comes to risk and vendor management, both the board and management have specific roles to play, but where do committees and departments fit in?
Should Vendor Management Report to Compliance or IT?
What’s best for one financial institution isn’t necessarily best for another. One common question: Should vendor management report to compliance or IT?
A Handy Guide to the Leading Names & Faces in Banking Compliance Today
Learn the names and faces of the individuals leading the banking compliance conversation. With this knowledge, you'll have a better sense for the who's who…
Vendor Consolidation: What It Means for Vendor Management and Due Diligence
Many financial institutions are choosing to consolidate vendors. It’s a move that makes sense from a business and management perspective, but how does
How Well is Your Board Managing Risk?
How Well is Your Board Managing Risk? - The Federal Reserve has proposed guidance that would require the largest bank boards to conduct self-assessments.
How Not to Use Test Results: A $613 Million Enforcement Action Story
How Not to Use Test Results: A $613 Million Enforcement Action Story - Financial institutions rely on caps and limits. There are minimum deposits
Wells Fargo Scandals: Re-Established 2018
Wells Fargo Scandals: Re-Established 2018 - Barely a month after launching its “Re-Established” ad campaign with ads about “Earning Back Your Trust”,
Should You Outsource Vendor Management?
For years, financial institutions have outsourced a variety of activities to third-party vendors creating a new conundrum: Should vendor management be
Mythbusting 5 Rumors About the Dodd-Frank Rollback
In this piece, we’ll take a look at five “myths” about the so-called HMDA rollback that we’ve heard circulating amongst our friends, colleagues, customers,…
Two Shocking Contract Management Mistakes That Cost Bankers Their Jobs
You probably think of vendor contract management as something that protects your institution. That’s true, but it does much more than that.