Tag: third-party vendors

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  • Top 10 Risks

What is Concentration Risk – And What Does My Regulator Have to Say About It?

When most bankers and credit union executives think of concentration risk, they think of lending—but…

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  • Top 10 Risks

Compliance Risk – Avoid Vendor Compliance Failures by Properly Assessing Risk

Compliance risk is the danger financial institutions face when they outsource product and service delivery…

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Operational Risk – Foreseeing the Unforeseen Costs of Outsourcing

Vendor risk management is an ongoing process—one that begins with due diligence before a contract…

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CU Broadcast interviews Michael Berman on M&A for CUs

Mike Lawson of CUBroadcast interviews Ncontracts CEO, Michael Berman, and discusses mergers and acquisitions for…

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Credit Risk – You’ll Take the Blame If Your Vendor Doesn’t Have the Credit

Credit risk is the strength and ability of a company to manage debt and stay…

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Are Your Third-Party Vendors Protecting the Rights of Servicemembers?

America’s armed forces protect our country—and the financial services industry is supposed to do the…

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When Vendor Relationships Go Wrong

It’s not every day a vendor sues its customer—especially when that customer is a credit…

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Can Your Third-party Vendor Fend off Cyber Attacks?

What do the Bangladesh central bank and your third-party vendors have in common? They need…

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The Face of Third-party Vendor Risk Management in 2016

In 2015, we wrote about best practices in vendor management, new regulatory mandates, and increasing cyber-ransom…