Fast Facts: Ncontracts' Compliance Solutions vs. The Others
What does TRUPOINT do differently than other banking compliance software providers? Here are five fast facts that really make the difference.
How the Government Shutdown is Affecting Regulatory Agencies
The partial government shutdown has furloughed workers at the national parks, the Smithsonian museums, the IRS, courts, and other federal institutions, but
Your Vendor Talks Risk Management Talk, but Does It Walk the Walk?
The words “manage, mitigate, and reduce risk” from a third-party vendor are music to the ears of a risk manager. Unfortunately, talk is cheap—and legal
Inside the Life of an Information Security Officer
What’s it like to be the information security officer at a $1.5 billion-asset community bank? We chatted with one to learn more about the challenges ISO
Turf Battles and Low Morale Can Increase Risk. Just ask FinCEN.
FinCEN’s issues are just a small part of the fascinating story about how Russia tried to use backdoor channels to infiltrate Treasury. It’s also a story
A Compliance Officer's "Night Before Christmas"
We hope that this compliance-themed version of the famous holiday poem brings you joy and good cheer this season!
Holiday Gift to Bankers: Regulators Slap Down Fintech Bank Wannabe
The Robin Hood of legend is known for being above the law. Fintech firm Robinhood is learning that it is not.
Yule Shoot Your Eye Out: Classic Holiday Movie Characters That Underestimated Risk
These classic films let us enjoy a bit of nostalgia and give us a break from the holiday rush, but do they have anything to teach us about risk? I’d say ye
Business Continuity
Business continuity means planning for major disruptions in a company so that the company can continue operations.
What Asset-Based Risk Assessments Get Wrong
Wouldn’t it be nice to reduce risk management to a simple checklist? That’s the thinking behind asset-based risk management - but this idea has more flash
RPO - Recovery Point Objective
RPO is otherwise known as Recovery Point Objective and refers to the age of files that must be recovered from backup storage for normal operations to
Findings on Findings on Findings: Guess Whose Audit Uncovered Over 2,000 Findings?
If you think tracking findings is challenging, try being the Pentagon. The Department of Defense underwent its first-ever full financial audit - the resuls
Examiners Will Be Focusing on Your Institution’s Riskiest Areas. Do You Know What They Are?
In the FFIEC Press Release, dated 11/27/2018, the FFIEC provided a more formal idea of what a “risk-based exam” looks like and the factors that will help
15 Unique Challenges of Banking Millennial Customers and How to Address Them
What challenges do banks face when attracting millennials? Learn 15 unique challenges of banking millennial customers, and how to address them.
Ncontracts Receives Endorsement from the Florida Bankers Association for Contract Management
Ncontracts is thrilled to receive the endorsement of Florida Bankers Association for contract management.
You Got SOC Questions? We Got SOC Answers!
Did you ask a question during our live broadcast of How to Leverage SOC and SSAE 18 Reports Throughout Every Department of Your Financial Institution?
The Lessons from Marriott’s Epic Data Breach
By now you’ve probably heard about the Marriott breach. According to the hotel company, an internal security tool alerted it to an unauthorized attempt to
Game of Thrones Survey Results: Westeros Has Spoken
For those of you who took our Game of Thrones Risk Manager survey - the results are in and Westeros has spoken...
What Is VMS
VMS stands for vendor management software. A VMS is an internet application that is designed to give organizations the tools they need to use
Risk Management Among Top 3 Skills for Sought-After CFOs
The role of the CFO is evolving. Part of that change is a deeper focus on risk. That’s according to a new research report from Accenture...
Contingency Plan Template
A contingency plan template can be a physical document, or a digital form used to create a compliant contingency plan.
Strategic Risks
Strategic risks are threats that come from company decisions that thwart the firm’s long-range goals.
Business Continuity Software
Business continuity software is a software solution for planning for adverse events that would disrupt the operation of the financial institution.
Contingency Plan Template
A contingency plan template can be a physical document, or a digital form used to create a compliant contingency plan.
Credit Risk Management
Credit risk management in a financial institution refers to the strategic processes for identifying and treating risks posed by consumers who borrow from
Reputational Risk
Reputational risks can come from management decisions and employee actions within the company, from joint venture partners, from suppliers, or from
ERM Meaning
ERM stands for enterprise risk management. The ERM meaning is defined by the Committee of Sponsoring Organizations (COSO) as the combination of culture
Operational Risks
Operational risks are vulnerabilities to financial loss due to failures in processes, systems, and the people using those processes and systems.
Risk Management Software
Risk management software allows a company to easily identify, track and deal with threats that might damage the firm’s overall success.
What Jason Bateman Taught Me About Money Laundering & Other BSA Lessons
It’s not every day that banking regulation is a major plot point in a tv show, but both bank capital regulations and CTRs got a shout out in the first