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ABA Conference Highlights: An Often-Overlooked Aspect of Fintech Compliance Risk

ABA Conference Highlights: An Often-Overlooked Aspect of Fintech Compliance Risk

Banks that want to work with fintechs need to talk about risk culture.

Jun 22, 2022 2 min read
ABA Conference Highlights: Are Your Compliance Risk Assessments Outdated?

ABA Conference Highlights: Are Your Compliance Risk Assessments Outdated?

ERM (Enterprise Risk Management) tips for bank compliance officers who want to stay current.

Jun 21, 2022 5 min read
4 areas of focus for evaluating cloud-based vendors

4 areas of focus for evaluating cloud-based vendors

When evaluating cloud-based vendors, financial institutions should adhere to their existing vendor management cyber guidance.

Jun 16, 2022 2 min read
What are the gaps in your strategy? Here are 7 questions to ask

What are the gaps in your strategy? Here are 7 questions to ask

Ensure that your financial institution’s risk management tools and strategy meet the needs of today’s risk management environment.

Jun 14, 2022 3 min read
Compliance: Cost Saver or Cost Center

Compliance: Cost Saver or Cost Center

As financial institutions look to rein in costs to compete effectively in today’s economic environment, one critical area where they must be extremely...

Jun 7, 2022 3 min read
4 Strategies to Build a Tech-Forward Community Bank

4 Strategies to Build a Tech-Forward Community Bank

To compete today and in the future, financial institutions must engage in a forward-looking technology strategy that is aligned with its mission...

Jun 2, 2022 3 min read
The Evolving Audit: 4 Changes You Need to Make to Your Audit Program

The Evolving Audit: 4 Changes You Need to Make to Your Audit Program

In response to quick and radical changes in strategic planning and operations, a nimble audit program is critical and requires these four key changes.

May 26, 2022 5 min read
Quiz: What Type of Compliance Officer Are You? (Stranger Things Edition)

Quiz: What Type of Compliance Officer Are You? (Stranger Things Edition)

Which character from Netflix’s hit show Stranger Things best represents your style of compliance management?

May 25, 2022 4 min read
Are Your Auditors the G.O.A.T.?

Are Your Auditors the G.O.A.T.?

Serving as your third line of defense, auditors play a critical and proactive role to ensure that you are adequately protected against known risks while...

May 24, 2022 2 min read
FDIC to Banks Considering Crypto: Ask for Permission, Not Forgiveness

FDIC to Banks Considering Crypto: Ask for Permission, Not Forgiveness

Risk management is essential to crypto innovation at banks and credit unions.

May 17, 2022 2 min read
3 Ways to Keep Your Compliance Team Happy

3 Ways to Keep Your Compliance Team Happy

The best compliance personnel are in high demand, making it more important than ever to keep your compliance team happy.

May 10, 2022 3 min read
Are Fintechs the Future?

Are Fintechs the Future?

There are 5 types of fintechs banks an credit unions should consider partnering with, but make sure it aligns with your institution's mission, vision...

Apr 28, 2022 5 min read
4 Reasons Gender Diversity Makes Your Board Stronger

4 Reasons Gender Diversity Makes Your Board Stronger

Want less fraud, higher returns, and a more resilient financial institution? Include more women on your board.

Apr 27, 2022 3 min read
5 Ways to Increase Value and Relevance for your Community Bank

5 Ways to Increase Value and Relevance for your Community Bank

 How can risk management help community banks stay relevant and strategic?

Apr 13, 2022 2 min read
7 Red Flags that Scare Financial Institution Partners Away from Fintechs

7 Red Flags that Scare Financial Institution Partners Away from Fintechs

Banks, credit unions, and mortgage companies are terrified of compliance risk—and go out of their way to ensure the fintechs they partner with take...

Apr 12, 2022 3 min read
3 Risk, Compliance & Vendor Management Mistakes that Cost a Fintech $11.5 Million in Fines

3 Risk, Compliance & Vendor Management Mistakes that Cost a Fintech $11.5 Million in Fines

The Consumer Financial Protection Bureau (CFPB) says that GreenSky let contractors and other merchants take out $9 million in loans to consumers without...

Apr 12, 2022 5 min read
4 Reasons to Add Cyber Monitoring to Your Vendor Management Program

4 Reasons to Add Cyber Monitoring to Your Vendor Management Program

The insights cyber monitoring provides can help you learn more about your vendor’s cyber risk by giving you answers to questions

Apr 5, 2022 2 min read
Culture and Conduct for FIs: Ncontracts and RMA Discuss Survey Results

Culture and Conduct for FIs: Ncontracts and RMA Discuss Survey Results

Ncontracts partners with RMA to Assess the current state of culture and conduct as it relates to risk management for FIs

Mar 31, 2022 3 min read
8 Vendor Management Practices Examiners Are Looking For

8 Vendor Management Practices Examiners Are Looking For

Third-party vendors play a critical role in compliance. Therefore, examiners are looking for 8 vendor management practices.

Mar 30, 2022 2 min read
How to Activate Your Company Culture with an Intranet (in 7 Steps)

How to Activate Your Company Culture with an Intranet (in 7 Steps)

An intranet is an essential tool for activating company culture. Here’s how to make sure it’s doing its job.

Mar 24, 2022 8 min read
Been Through a Disaster? Be Ready to Talk BCP and Risk During Your Next Exam

Been Through a Disaster? Be Ready to Talk BCP and Risk During Your Next Exam

If your institution has been through a natural disaster, you're likely have a conversation about it on your next exam. Here's what you need to know.

Mar 10, 2022 3 min read
10 Steps to a Pain-Free Vendor Management Process

10 Steps to a Pain-Free Vendor Management Process

The directive came from on high: You are responsible for your institution’s vendor management process. But where to begin?

Mar 2, 2022 6 min read
Are New Employees Your Biggest BCP Risk?

Are New Employees Your Biggest BCP Risk?

BCPs identify individuals with specific roles and responsibilities. It also has contact information and contact trees to ensure strong communication even

Feb 23, 2022 3 min read
How a Company Intranet Can Help Create a Culture of Compliance and Mitigate Risk

How a Company Intranet Can Help Create a Culture of Compliance and Mitigate Risk

A company intranet is a valuable tool to help a financial institution's employees adopt the mindset of compliance and risk management

Feb 17, 2022 3 min read
3 Areas Successful Community Banks Are Investing in Tech Today

3 Areas Successful Community Banks Are Investing in Tech Today

Talent attraction and retention, fintech partnerships and ERM are top investments for forward-looking community banks

Feb 16, 2022 2 min read
Don't Risk a Broken Heart: Risk Assessing Valentine's Day Gifts

Don't Risk a Broken Heart: Risk Assessing Valentine's Day Gifts

Love is in the air and grocery stores are filled with heart-shaped boxes of chocolates. It must be Valentine’s Day. For many, this is a holiday

Feb 11, 2022 2 min read
Regulatory Brief for December 2021: Recapping the Year and Preparing for 2022

Regulatory Brief for December 2021: Recapping the Year and Preparing for 2022

Overdraft fees, lending compliance, and data security are on the agencies’ radars for 2022

Jan 6, 2022 3 min read
How Will the New Cyber Incident Notification Rule Affect Your FI? 4 Steps to Update Your Institution’s Incident Response Plan

How Will the New Cyber Incident Notification Rule Affect Your FI? 4 Steps to Update Your Institution’s Incident Response Plan

FDIC, Fed & OCC rule on cybersecurity computer incidents requires notification within 36 hours

Jan 5, 2022 3 min read
Helping Santa Save the Day with Business Continuity Management Best Practices

Helping Santa Save the Day with Business Continuity Management Best Practices

Rudolph the Red-Nosed Reindeer is a story about how our differences can be our strengths—but it’s also about business continuity management best practices.

Dec 23, 2021 3 min read
Regulatory News You Can Use: COVID-Related Regulations & Why Mortgage Companies Need to Start Worrying About CRA

Regulatory News You Can Use: COVID-Related Regulations & Why Mortgage Companies Need to Start Worrying About CRA

Regulatory change management news updates for credit unions, banks, and mortgage companies for November 2021

Dec 9, 2021 2 min read