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Missed Opportunities: How Compliance & Marketing Can Work Together to Increase Loan Volume & Reduce Lending Compliance Risk

Missed Opportunities: How Compliance & Marketing Can Work Together to Increase Loan Volume & Reduce Lending Compliance Risk

When the compliance and marketing teams openly communicate, the result is more focused campaigns to increase loan volume and reduce potential problems.

May 5, 2021 2 min read
5 Risk Management Failures of the Galactic Empire

5 Risk Management Failures of the Galactic Empire

What can Star Wars teach financial institutions about compliance and risk management?

May 4, 2021 3 min read
Ask a Risk Manager: How Can Risk Management & Compliance Work Together?

Ask a Risk Manager: How Can Risk Management & Compliance Work Together?

How can risk management and compliance work together as partners at a financial institution?

Apr 20, 2021 4 min read
4 Features FIs Should Look for in a Cybersecurity Assessment Solution

4 Features FIs Should Look for in a Cybersecurity Assessment Solution

How strong are your financial institution’s cyber defenses? It’s a question that’s top of mind for everyone—and it doesn’t have a simple answer.

Apr 15, 2021 2 min read
How to Lighten Your Vendor Management Workload

How to Lighten Your Vendor Management Workload

Here are the most effective ways to lighten your vendor management workload while still ensuring your vendors are properly managed.

Apr 13, 2021 4 min read
Supervisory Highlights: What We Can Learn from Others to Avoid Getting in Trouble

Supervisory Highlights: What We Can Learn from Others to Avoid Getting in Trouble

Here're the top highlights to know more about the landscape, make changes to be uncriticised, and view your business. Read the article to know more.

Apr 7, 2021 3 min read
6 Features Your FI Needs in a Risk Management Solution

6 Features Your FI Needs in a Risk Management Solution

Here are 6 features to identify, assess, mitigate, and monitor risk, through an effective enterprise risk management (ERM) solution.

Apr 1, 2021 3 min read
How Should the 3 Lines of Defense Work in a Vendor Management Program?

How Should the 3 Lines of Defense Work in a Vendor Management Program?

The Three Lines of Defense helps banks, credit unions, mortgage companies and fintechs build and effectively manage the vendor management lifecycle

Mar 23, 2021 4 min read
COVID-19 One Year Later: We Are All Risk Managers Now

COVID-19 One Year Later: We Are All Risk Managers Now

This month marks one year since the WHO declared COVID-19 a pandemic and a new normal began. It’s also the year we all became risk managers.

Mar 18, 2021 3 min read
Should Your Internal Auditor Be a Subject Matter Expert?

Should Your Internal Auditor Be a Subject Matter Expert?

An internal auditor does not need to be a subject matter expert. They should be smart, independent, and a strategic thinker.

Feb 25, 2021 2 min read
Reduce Risk in These 4 Key Areas by Using Board and Employee Portal Solutions

Reduce Risk in These 4 Key Areas by Using Board and Employee Portal Solutions

Here are four key areas where financial institutions can reduce risk by using board and employee portal solutions.

Feb 11, 2021 3 min read
Managing Complaints: The Role of the Three Lines of Defense

Managing Complaints: The Role of the Three Lines of Defense

An effective complaint management program should leverage all three lines of defense to effectively manage this important customer contact.

Jan 14, 2021 3 min read
Brentwood-based Ncontracts buys QuestSoft Corporation

Brentwood-based Ncontracts buys QuestSoft Corporation

Brentwood-based software firm Ncontracts has purchased a California tech company.

Jan 13, 2021 1 min read
All the Risk News That’s Fit to Print: Ncontracts’ Top 2020 Risk Management Blogs

All the Risk News That’s Fit to Print: Ncontracts’ Top 2020 Risk Management Blogs

We’ve gathered our most popular risk management blog articles—selected from over 150 written this year—to help inform your risk management efforts.

Dec 22, 2020 5 min read
Lending Compliance: Building Up the Three Lines of Defense

Lending Compliance: Building Up the Three Lines of Defense

A financial institution’s lending compliance management system must effectively guard the FI against unnecessary risk with these three lines of defense.

Nov 25, 2020 4 min read
Weigh the Risk Before Cutting These Key Costs, OCC Says

Weigh the Risk Before Cutting These Key Costs, OCC Says

OCC is warning banks to be careful when cutting funding for key control functions and processes.

Nov 19, 2020 2 min read
Ncast Podcast Launches with Remote Exam & Cyber Risk Discussion with ABA’s Paul Benda

Ncast Podcast Launches with Remote Exam & Cyber Risk Discussion with ABA’s Paul Benda

Today we’re excited to announce the launch of our new weekly podcast, the Ncast! The Ncast Podcast launches with Remote Exam & Cyber Risk Discussion

Nov 12, 2020 1 min read
What does the 'M' in CAMELS stand for?

What does the 'M' in CAMELS stand for?

The M in CAMELS stands for management, who is responsible for setting and implementing the strategic decisions and plans that determine CAMELS rating.

Nov 3, 2020 2 min read
Halloween Fun: Spook-tacular Risk, Compliance & Vendor Management Stories

Halloween Fun: Spook-tacular Risk, Compliance & Vendor Management Stories

We’ve put together a collection of our best Halloween-themed risk, compliance, and vendor management blog posts.

Oct 29, 2020 1 min read
6 Essentials for Flawless Policy Management

6 Essentials for Flawless Policy Management

Flawless policy management is essential as regulations, the operational environment, and your financial institution’s priorities shift.

Oct 20, 2020 3 min read
How to Manage Cyber Risk Like a Boss

How to Manage Cyber Risk Like a Boss

October is National Cybersecurity Awareness Month and it’s an annual reminder of how financial institutions—need to do their part to manage cyber risk.

Oct 15, 2020 3 min read
3 Ways to Use Consumer Complaints to Manage Lending Compliance Risk

3 Ways to Use Consumer Complaints to Manage Lending Compliance Risk

Here are three ways financial institutions can use consumer complaint management to reduce compliance risk when it comes to fair lending.

Oct 14, 2020 3 min read
Citibank’s $400 Million ERM & Compliance Fine: 6 Lessons Learned

Citibank’s $400 Million ERM & Compliance Fine: 6 Lessons Learned

Not properly implementing enterprise risk management for financial institutions can result in unsound practices, penalities, and more.

Oct 13, 2020 4 min read
How to Reduce the Cost of a Data Security Breach at a Bank or Credit Union

How to Reduce the Cost of a Data Security Breach at a Bank or Credit Union

Cyber risk management controls that reduce the risk of a data security breach occurring also reduce the cost of a data breach at banks and credit unions.

Oct 1, 2020 4 min read
10 Must-Have Elements to Include When Drafting Policies

10 Must-Have Elements to Include When Drafting Policies

When drafting policies, be sure to include these 10 must-have elements in each one to keep them effective.

Sep 29, 2020 3 min read
5 Ways to Show Your Files Some Love—and Better Manage Risk

5 Ways to Show Your Files Some Love—and Better Manage Risk

In honor of National Love Your Files Week (September 21-25), we’re sharing our top five tips for making file management simpler and more efficient

Sep 22, 2020 3 min read
Your Risk Assessment Process Questions Answered

Your Risk Assessment Process Questions Answered

What really goes into the risk assessment process? Your questions answered.

Aug 25, 2020 2 min read
Risk Management Tips for Avoiding Ransomware

Risk Management Tips for Avoiding Ransomware

The stories about ransomware never seem to end. Learn risk management tips for avoiding ransomware at your financial institute.

Aug 18, 2020 4 min read
Board & Management Fail: Operational Risk Management Weaknesses Leads to $80 Million Fine

Board & Management Fail: Operational Risk Management Weaknesses Leads to $80 Million Fine

Capital One's board and management correct operational risk management weaknesses that led to $80 million fine after database was breached.

Aug 11, 2020 3 min read
9 Risk Management Failures That Led to Charges Under NY’s Cyber Law

9 Risk Management Failures That Led to Charges Under NY’s Cyber Law

Risk management failures exposing private customer data lead to charges of a title company based in Nebraska under NY's cyber law.

Aug 6, 2020 3 min read