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.
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
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Human Resources (Part 1)
Ncontracts will address key operational risk considerations department-by-department to help your FI with pandemic preparedness & business continuity
FinCEN Hits Chief Risk Officer with $450k Penalty
Michael LaFontaine got nailed because he was responsible for overseeing U.S. Bank’s compliance programs.
FDIC Updates RMS Manual: What Does That Mean for Risk Management at Your FI
Compliance isn’t just about following rules. It’s about thoughtfully managing risk.
Pandemic Planning: 10 Questions to Ask Your Vendors About Coronavirus Preparedness
As COVID-19 spreads across the country at an alarming pace, creating panic, quarantines, and serious health risks, it’s important to make sure your...
How Regression Analysis Can Help Your Fair Lending Program
Regression analysis is an incredibly useful tool, but many lenders are hesitant to embrace it because they think it’s too complicated. It’s a...
Ncontracts Receives the 2020 Tennessee Roaring 20 Award from The Association for Corporate Growth
Ncontracts is the one of the top recipients of the 2020 Tennessee Roaring 20 awarded by the Tennessee chapter of the Association for Corporate Growth (ACG)
3 Take-aways from the OCC Third-Party Vendors Relationship FAQ
The OCC released a Frequently Asked Questions (FAQ) supplement to OCC Bulletin 2013-29 that gives more clarity on regulations around third-party vendors.
How Not to Save Money on Vendor Management
Earlier this month Federal Reserve Governor Michelle Bowman announced that the Federal Reserve is working with the other supervisory agencies to update its
7 Best Practices for Aligning Fintech With Your Business Strategy
Fintech is one of the buzziest trends in financial services right now, and no financial institution wants to be left behind.
Leap Year: What Risk Management & Compliance Tasks Would You Tackle with One Extra Day?
That’s right, it’s Leap Year once again, and February 29th is happening for the first time in four years.
How to Prepare for the Future of AI in Banking (Part 2)
Unless you truly live in a cave, AI has put its stamp on your life—both at home and at work—and we can expect its influence to grow over the coming years
Why the OCC Is Like a Peanut Butter Cup and Other Podcast Insights?
Want to hear about OCC plans, initiatives, and priorities right from the OCC right from the source? You’ve got it!
Pandemic Planning: Is Your FI Prepared for Coronavirus?
The largest bank in Singapore made headlines last week for being the first lender to shut down its office due to coronavirus after an employee tested
Are You Making Risk Management Decisions with Your Heart or Your Head?
Whether we want to accept it or not, every person carries her own background and experiences into risk management decisions.
Educational Redlining Report Raises Questions About Fair Lending
Imagine a 24-year-old analyst applying to refinance a $30,000 student loan. He lives in New York City, makes $50,000 a year, and has held his job...
How Lincoln Reduced Financial Risk with the Creation of a National Banking System
Let’s take a minute to reflect on the amazing accomplishment that is our national banking system and the ways it reduced financial risk.
6 BCP Lessons Learned When Ncontracts Shut Down Its HQ for the Day
Ensuring smooth operations, even when your main office is inoperable or unreachable, is a cornerstone of business continuity management.
The #1 Obstacle Between Your FI and Strategic Success
The biggest obstacle to strategic success is failing to understand risk.
Gryphon Investors Acquires Ncontracts, A Leader in Integrated Risk Management Software for the Financial Industry
Gryphon Investors Acquires Ncontracts, A Leader in Integrated Risk Management Software for the Financial Industry
Are Vendors Your Biggest Obstacle to Fintech Adoption? It Might Not Be Their Fault
Once your FI has laid out its strategic goals, it needs to know if a vendor will have the products and services it needs to accomplish them.
Heightened Cybersecurity Risk – Is Your FI Prepared?
Cybersecurity is always a top concern for financial institutions, but now supervisory agencies are warning financial institutions that cyberattacks are an
How Many Complaints Did Your Institution Get Last Year?
Consumer complaints are a part of doing business.
What Will NCUA Examiners Be Looking at in 2020?
The NCUA’s 2020 Supervisory Priorities are published—and they are giving us a first look at the areas where NCUA will focus its examination efforts this
When Customers Invite Third-Party Risk
In a world where consumers are often willing to trade privacy for convenience, even banking passwords are no longer sacrosanct.
Fourth-Party Risk: What Your Institution Has in Common with a Presidential Campaign
Fourth-party risk is the risk created when a third-party vendor subcontracts to another vendor. Good vendor management is essential for limiting this
Fintech Risk Management & the Fed
Which financial institutions do the best job managing fintech relationships? See what the Fed has to say about fintech risk management.