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Why Financial Institutions Need a Vendor Onboarding Process

Why Financial Institutions Need a Vendor Onboarding Process

Financial institutions shouldn’t have to reinvent their vendor management process every time there’s a request for a new vendor. Here are three reasons why…

Sep 29, 2022 3 min read
You Can’t Handle the Truth: Why Auditors Get a Bad Name When They Should Be Celebrated

You Can’t Handle the Truth: Why Auditors Get a Bad Name When They Should Be Celebrated

Financial institutions have a lot to gain from listening to their auditors.

Sep 27, 2022 3 min read
 Worried About Fraud Risk? 3 Key Issues When Updating Fraud Risk Assessments

 Worried About Fraud Risk? 3 Key Issues When Updating Fraud Risk Assessments

Fraud risk is on the rise at banks, credit unions, mortgage companies & fintechs. Make sure your financial institution has updated its fraud risk assessmen…

Sep 22, 2022 3 min read
What Is A Compliance Management System And Why Your Financial Institution Needs One

What Is A Compliance Management System And Why Your Financial Institution Needs One

Read on to discover what a compliance management system is — and why your FI needs one.

Sep 20, 2022 14 min read
ERM vs. Vendor Management: What’s the Difference?

ERM vs. Vendor Management: What’s the Difference?

Enterprise risk management (ERM) and vendor management are not interchangeable. Banks, credit unions, mortgage companies and fintechs need both.

Sep 20, 2022 4 min read
Exam Coming Up? 6 Reasons to Adopt Risk, Compliance & Vendor Management Software Now

Exam Coming Up? 6 Reasons to Adopt Risk, Compliance & Vendor Management Software Now

There’s never a perfect time for banks, credit unions, mortgage companies and fintechs to adopt risk management, regulatory compliance, and vendor manageme…

Sep 15, 2022 4 min read
Does Your BCP Have a BCP?

Does Your BCP Have a BCP?

Many financial institutions have activated business continuity plans due to the pandemic and are now activating a second one due to natural disasters.

Sep 13, 2022 3 min read
Regulatory Brief for August 2022: Data security, UDAAP & the Future of the FFIEC’s CAT tool

Regulatory Brief for August 2022: Data security, UDAAP & the Future of the FFIEC’s CAT tool

Join Ncontracts pro team of regulatory compliance attorneys as they chat about the latest regulatory compliance news at the federal and state level.

Sep 8, 2022 2 min read
"Puppy Laundering" and Other Reputational Risks of Fintech Partnerships

"Puppy Laundering" and Other Reputational Risks of Fintech Partnerships

How good is your fintech vendor due diligence?

Sep 6, 2022 3 min read
It's Not Too Late: 2022 Can Be the Year You Automate GRC!

It's Not Too Late: 2022 Can Be the Year You Automate GRC!

Whether it’s governance, risk, or compliance (GRC), there are tools to help you organize, automate, and spark joy in 2022.

Sep 1, 2022 3 min read
ERM: Making the Connection

ERM: Making the Connection

One of the most frustrating things about the banking world (and life in general) is that there is often a disconnect between how things should be

Sep 1, 2022 3 min read
20 Questions to Risk Assess Your BSA/AML Program in a Post-Pandemic World

20 Questions to Risk Assess Your BSA/AML Program in a Post-Pandemic World

The pandemic fundamentally changed much of our world, including BSA/AML compliance. Here’s how to make sure your financial institution’s program is still e…

Sep 1, 2022 3 min read
3 Lessons Learned from a $250,000 OFAC Fine

3 Lessons Learned from a $250,000 OFAC Fine

3 tips for helping banks, credit unions, mortgage companies, and fintechs ensure ongoing compliance with OFAC sanctions.

Aug 30, 2022 3 min read
Credibility in an Era of Misinformation: What is the Purpose of Auditing

Credibility in an Era of Misinformation: What is the Purpose of Auditing

What is the purpose of auditing and what does internal audit do? If you need accurate, trustworthy information and data, an internal audit can help.

Aug 25, 2022 4 min read
Want a More Productive Workforce? How to Combat the Top 3 Productivity Killers

Want a More Productive Workforce? How to Combat the Top 3 Productivity Killers

Promoting a more collaborative, efficient workforce at financial institutions with communications software.

Aug 23, 2022 6 min read
Do You Have a Digital Payments Strategy?

Do You Have a Digital Payments Strategy?

Banks and credit unions that want to keep pace with fintech upstarts and consumer demand need to reassess their payments strategy.

Aug 18, 2022 4 min read
Is your financial institution staying ahead of these evolving operational risks?

Is your financial institution staying ahead of these evolving operational risks?

Outside events can make prioritizing operational risk difficult. A new survey shows how the top 10 operational risks are changing.

Aug 16, 2022 4 min read
Regulatory Brief for July 2022: The latest on UDAAP, Overdraft Fees & Section 1071

Regulatory Brief for July 2022: The latest on UDAAP, Overdraft Fees & Section 1071

The Ncast podcast covers updates at the CFPB, NCUA, FDIC, OCC, Fed, FHFA and NYDFS.

Aug 10, 2022 2 min read
Risk Assessing Overdraft Programs: Is the Fee Income Worth the Risk?

Risk Assessing Overdraft Programs: Is the Fee Income Worth the Risk?

Questions banks and credit unions need to ask when risk assessing overdraft protection offerings.

Aug 9, 2022 5 min read
Want Engaged Employees? Here are 5 Things Your Employees Need to Hear from You

Want Engaged Employees? Here are 5 Things Your Employees Need to Hear from You

Activating employee engagement with a culture of communication at financial institutions.

Aug 4, 2022 7 min read
Want to Up Your Game? Here Are 5 Things You Should Stop Doing Right Now & 5 Things You Should Do Instead

Want to Up Your Game? Here Are 5 Things You Should Stop Doing Right Now & 5 Things You Should Do Instead

Useful tips and resources to help community banks, credit unions, and mortgage companies master compliance.

Jul 27, 2022 4 min read
First Quarter Losses & Lax Compliance: Two Real-Life Fintech Due Diligence Mistakes to Avoid

First Quarter Losses & Lax Compliance: Two Real-Life Fintech Due Diligence Mistakes to Avoid

Ongoing due diligence and vendor management for fintech relationships is a must.

Jul 26, 2022 6 min read
5 Areas Risk Management Tools Must Support During a Recession

5 Areas Risk Management Tools Must Support During a Recession

To effectively manage risk during a recession, these five areas must be a primary focus.

Jul 14, 2022 3 min read
OCC: Operational and Compliance Risk Elevated in 2022

OCC: Operational and Compliance Risk Elevated in 2022

Best practices for managing operational and compliance risk at banks.

Jul 13, 2022 3 min read
Bank Compliance: If It Isn’t Documented, It Didn’t Happen

Bank Compliance: If It Isn’t Documented, It Didn’t Happen

The consequences of poor documentation and how to fix it.

Jul 12, 2022 5 min read
Regulatory Brief for June 2022: The latest from the CFPB, FinCEN, FDIC & NCUA

Regulatory Brief for June 2022: The latest from the CFPB, FinCEN, FDIC & NCUA

Hear from our internal compliance experts on the latest regulatory compliance updates for banks, credit unions, and mortgage companies from June 2022.

Jul 7, 2022 2 min read
5 factors to consider when evaluating AI/machine learning

5 factors to consider when evaluating AI/machine learning

As institutions look to upgrade their technology systems, AI will facilitate the fastest, largest ROI. But all AI and machine learning systems are not alik…

Jul 5, 2022 3 min read
3 Post-Pandemic Trends in Digital Banking

3 Post-Pandemic Trends in Digital Banking

As consumers and businesses alike continue to adopt digital interactions, particularly in financial services, there are three major post-pandemic trends th…

Jun 30, 2022 3 min read
FinCEN Warns of Elder Financial Exploitation

FinCEN Warns of Elder Financial Exploitation

As Elder Financial Exploitation increases, FinCEN provides red flags to help financial institutions detect, prevent, and report suspicious activity.

Jun 29, 2022 5 min read
ABA Conference Highlights: 5 Takeaways for Promoting Risk Culture at Your Institution

ABA Conference Highlights: 5 Takeaways for Promoting Risk Culture at Your Institution

How to promote proactive, ethical conduct and an effective risk culture within your bank’s framework.

Jun 23, 2022 2 min read