9 Steps for Successful New Vendor Onboarding
Read to find out 9 steps for successful new vendor onboarding to set them up strategically, efficiently, and compliantly.
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.
3 Ways to Mitigate Redlining Risk
Enforcement actions, reviewing lending data, and taking proactive actions are 3 ways to mitigate redlining risk.
Remediating Regulatory Trouble: Your Step-by-Step Guide
What’s an institution to do when regulatory trouble strikes? Here’s a step by step guide should regulators take action against your institution.
Think Your BCP Hasn’t Changed Over the Past Year? Think Again.
No matter how good your business continuity plan (BCP) is or how much heavy lifting you did to put it into place, it has changed over the past year.
Lending Compliance & Non-English Speakers: What You Need to Know
A financial institution that has customers in languages other than English need to consider ECOA, UDAAP, and other lending compliance risks.
3 Compliance Lessons from Capital One’s $390M BSA/AML Fine
Capital One Bank's $390 million civil money BSA/AML fine from FinCEN brings us 3 compliance lessons.
Board Reporting: FAQ for Financial Institutions
Answers to some of the most frequently asked questions about board reporting at banks, credit unions, and other financial institutions.
Mortgage Company Sued by CFPB After Ignoring Compliance, Audit Warnings & a Whistleblower Complaint
The CFPB is suing a mortgage company in CT for engaging in unlawful mortgage practices that allegedly violated the TILA, FCRA, ECOA, MAP Rule, and CFPA.
Using an Employee Intranet to Provide Virtual Training and Education in a COVID-19 World
An employee intranet is an effective and safe solution for providing training and education in a COVID-19 world.
Lending Compliance 2021 Outlook: What to Expect from the Biden Administration
How will things change during the Biden Administration? Insiders predict aggressive rule writing and enforcement in our 2021 lending compliance outlook.
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.
Brentwood-based Ncontracts buys QuestSoft Corporation
Brentwood-based software firm Ncontracts has purchased a California tech company.
Common Credit Union Fair Lending Mistakes & How the NCUA Decides Which Institutes to Examine
What are the most common fair lending mistakes at credit unions? How does the NCUA decide which credit unions will be examined?
Ncontracts Names Cathy Guthrie EVP Human Resources
Ncontracts Names Cathy Guthrie EVP Human Resources to start off the new year of 2021!
3 Ways Automation Can Streamline Audit Management Programs
While there’s not much an auditor at a financial institution can do to decrease the number of audits, it is possible to free up time if you...
RegTech vs. SupTech: What You Need to Know
RegTech vs. SupTech: What You Need to Know
Ncontracts Acquires QuestSoft Corporation
Ncontracts combines forces with leader in lending compliance to create an end-to-end risk and compliance portfolio for the financial services industry
Ncontracts Acquires QuestSoft
Ncontracts acquires QuestSoft, a leading provider of compliance software and services for the banking, credit union, and mortgage lending industries.
A Guide to 2020’s Top Fair Lending Enforcement Actions, Fines, and Lawsuits
Let us revisit some of the impactful fair lending enforcement actions, fines, and lawsuits of 2020. These blogs break down what went wrong and how...
Top 10 Compliance Blogs of 2020
Continuing with the theme, here are 10 of our most popular compliance-related blog posts for 2020.
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.
3 Top Takeaways from the 2020 Fair Lending Interagency Webinar
The Federal Reserve hosted representatives at the interagency webinar from the regulatory agencies to share the top 3 fair lending takeaways and trends.
Third-Party Breach Exposes Treasury Emails—And That May Be Just the Beginning
We were reminded just how insidious third-party vendor attacks can be when Russian hackers infiltrated the emails of the Treasury and Commerce Departments.
Customer Complaints & Poor Vendor Oversight Lead to $110 Million Settlement
Customer complaints shouldn’t be ignored and vendor oversight is a must, or you'll end up like Nationstar with a $110 million settlement.
Are You Prepared to Defend Your PPP Lending?
Regulators are examining PPP lending, be sure your financial institution is prepared to defend your loan decisioning.
Risk Culture vs. Compliance Culture: What’s the Difference?
Risk culture and culture of compliance are common buzzwords these days. What’s the difference and what does that mean for your institution?
Let Me Tell You a Story
Let us tell you a story about a bank that works hard to comply with fair lending laws to be there for the people of Far, Far Away.
Internal Audit Failures Costs JP Morgan $250 Million
JP Morgan failed to maintain adequate internal controls and internal audit over its fiduciary business and it cost them $250 million.
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.