One Ransomware Attack. 60 Credit Union Outages. Countless Upset Members.
How a ransomware attack on one solution upended an entire third-party service provider, leading to outages at 60 credit unions.
Poor HMDA Data Collection Costs Bank $12 Million
You know you need to collect HMDA data. But how many Code 2s and Code 3s can you report in a LAR? Read more to find out.
Best Practices for Out-of-State Mortgage Lending
State regulations for mortgage lenders are constantly evolving. Discover what you need to do as you expand your lending.
Fraud Management in Banking
Fraud is rising at community banks and credit unions. Discover best practices and tools for identifying and managing fraud risk at your financial instituti…
Ask the Examiner: Your Exam Questions Answered by a Former OCC Examiner
Two former OCC examiners answered banker questions about how to prepare for exams, stay on the good side of examiners and overcome common exam challenges.
November 2023 Regulatory Update: CRA, the CFPB and the Latest on Climate Risk
Here are the latest compliance news, insights, and enforcement actions of November from the regulatory compliance expert team of Ncontracts.
Community Reinvestment Act (CRA) Final Rule: Preparing Your Bank for CRA Modernization
The Agencies have issued their final rule for CRA modernization. What does your bank need to do to prepare for these changes?
From Risk Assessments to KPIs: Managing Credit Risk as Student Loans Payments Resume
How will resuming student loan payments impact your financial institution's credit risk? Do you have the proper risk controls to begin making loan modifica…
2023 Regulatory Enforcement Actions
A recap of enforcement actions in 2023 including deceptive banking practices, third-party oversight, redlining, BSA/AML, credit concerns and other issues
Ncontracts and findCRA Announce Strategic Relationship to Support Banks Nationally
Ncontracts and findCRA, a nationally-recognized RegTech company providing cloud-based CRA research software, have announced a new strategic relationship.
Court Requires CFPB Update of UDAAP Exam Manual
What is the current legal status of the CFPB’s UDAAP discrimination language? How you can prepare for more compliance guidance and laws.
Cybersecurity Breaches: How to Protect Your FI
An average cyber breach costs financial institutions $5.9 million. How is your FI managing the cyber risk from your critical vendors?
Morgan Stanley's $100+ Million Vendor Management Mistake
Take a look at how deficient vendor management has come back to haunt Morgan Stanley to the tune of a $60 million fine from the OCC.
Are Recessions Self-Fulfilling Prophecies? (And What to Do About It)
Prepare your financial institution for tomorrow's risks by avoiding overreacting to recent market events.
The Risks of AI in Banking
Understand the risks of AI in banking. Develop an AI risk analysis and internal controls before jumping headfirst into using these tools.
Banking-as-a-Service (BaaS) Explained
Many community financial institutions embrace BaaS and fintech partnerships to remain competitive. What are the risks and rewards of these relationships?
October 2023 Regulatory Update: CFPB news, cannabis banking, more fair lending litigation, and a few final rules
Get the latest regulatory compliance news, updates, and insights from Ncontracts. News about the CFPB, fair lending litigation, and final rules you can’t a…
DOJ Settles $9 Million Redlining Suit with Bank
How does your financial institution manage unintentional redlining? Regulators require data that demonstrates HDMA compliance.
Disaster Recovery Planning for Banks & Credit Unions
Does your bank or credit union have a rock-solid disaster recovery plan in place? Discover what you can do to protect your critical systems and infrastruct…
How to Write a Comment Letter on a Regulatory Proposal
What should you do when a new regulatory proposal unnecessarily burdens your FI? Learn how to track upcoming rules and write a comment letter.
Expert Q&A: What Is a Risk Appetite Statement?
What goes into a strong risk appetite statement? An experienced risk management professional shows you what financial institutions get right – and wrong.
7 Banking Buzzwords You Need to Know
What are the banking buzzwords that you need to know? Join us as we explore the world of green finance, digital banking disruptors, and AI agitators.
September Regulatory Update: The CFPB and 1071 plus lots of enforcement news
Ncontracts’ September Regulatory update covers recent regulatory news and trends including CFPB, 1071 small business data, enforcement actions, lawsuits, a…
72% of Banks and Credit Unions Prioritize Compliance When Evaluating Fintechs, According to Ncontracts Survey
72% of banks and credit unions prioritize compliance when evaluating fintech partnerships, according to a recent survey by Ncontracts. Cybersecurity, retur…
Risk Management: Key Performance Indicators in Banking
What is a risk management KPI in banking? Why do financial institutions need KPIs? Learn how to align strategic goals with KPIs to boost the bottom line.
Ncontracts Endorsed by The Georgia Bankers Association
Ncontracts has been officially endorsed by the Georgia Bankers Association for its Risk Performance Management (RPM) Suite.
3 Things Compliance Officers Should Do to Prepare for an Exam
We'll share 3 actions the best compliance officers take, and 6 steps for Fair Lending exam prep. If you have an upcoming exam, you need to read this.
What Banks Crossing $1 Billion in Assets Need to Know
Banks crossing the $1 billion threshold need to think about a lot more than FDICIA requirements. Risk management and internal controls should be on your ra…
Managing Risks Like An Astronaut
Discover NASA’s risk matrix. How does your financial institution assess and manage risk? What can we learn from America’s space agency assessment of risk?
Creating a Vendor Board Package
Tips for creating the best vendor board package for your financial institution’s board of directors.