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.
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.
Audit Management Is Evolving. Are You Keeping Up?
Audit management programs have been predictable and formulaic for most of banking’s history. However, things are evolving, is your financial...
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.
CFPB Proposals on Small Business Data Collection
Understanding how the CFPB may implement sec 1071 of Dodd-Frank can help your FI make strategic decisions when it comes to small business data collection.
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.
11 Can’t-Miss Compliance Management Tips From Top Compliance Officers
11 can't miss compliance management tips from some top compliance officers. Some of the latest tips and tricks for making compliance more effective.
Business Resiliency: Your Guide to Business Continuity Management
Here's the updated FFIEC IT Handbook with Business Continuity Management explained. Here's more.
Fed Releases Community Reinvestment Act (CRA) Modernization Proposal
After a long deliberation, the Federal Reserve released its Advanced Notice of Proposed Rulemaking (ANPR) for the Community Reinvestment Act this week.
Is Your Vendor Prepared for Disaster?
Recent analysis conducted by the FDIC’s OIG finds that just half of vendor contracts it reviewed “explicitly included business continuity provisions.”
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
7 Ways to Cut Compliance Costs & Still Stay Compliant
Many financial institutions are using creativity and practical thinking when looking for ways to cut compliance budgets and still remain compliant.
CFPB Sues Debt Collectors: Are You Making the Same Compliance Mistakes?
The CFPB sued debt collectors and debt buyers for making compliance mistakes that allegedly violated the CFPA and FDCPA.
9 Steps to an Effective Tabletop BCP Test
Your BCP tabletop exercise is an important part of your overall business continuity plan. Here are 9 steps you can take to ensure your test is effective.
How Have Critical Vendors Performed During the COVID-19 Pandemic?
The COVID-19 pandemic has been a trying time for everyone—including financial institutions working with third-party vendors.
Business Continuity Planning: Where to Start
There’s no shortage of information about business continuity planning (BCP), but having lots of information is different from having
What Makes A Good Audit Trail?
All financial institutions need a good audit trail. Here are six tips to ensure that your FI’s audit trail will be effective.
3 Ways to Keep Your Business Continuity Plan Current
It was a rainy night, the kind where television programs are interrupted by an emergency alert warning of a flash flood, but he wasn’t worried.
Pain Points: Top Frustrations for Compliance, Risk Management & Internal Audit
Attendees of the ABA Risk and Compliance Virtual Conference tell us about their top compliance, risk management, and audit pain points at their...
How to Avoid Accidental Lending Bias During the Mortgage Boom
Avoid accidental lending bias during this time when home mortgage refinancing demand is at a record high and lenders are working at a frenzied pace.
Expanding Our Capabilities For You
Ncontracts is excited to announce the acquisition of Banc Intranets and want to welcome all of our newest colleagues to the Ncontracts family!
Expanding Our Capabilities For You
Ncontracts is excited to announce the acquisition of Banc Intranets and want to welcome all of our newest colleagues to the Ncontracts family!
Ncontracts Acquires Banc Intranets
Ncontracts announced it has acquired Banc Intranets and now offers the most comprehensive set of capabilities to assess and monitor risk and compliance.
Incident Tracking: 4 Benefits & 5 Best Practices
Incident tracking is an important part of any vendor management system with many benefits and can be an effective tool when handled properly.
CFPB Fines Mortgage Company $150,000 for Deceiving Veterans: What Went Wrong?
CFPB fines a California-based mortgage company $150,000 after sending veterans mailers with misleading or deceptive statements.
Your Risk Assessment Process Questions Answered
What really goes into the risk assessment process? Your questions answered.
Making Lending Fair for Everyone
Fair lending means lending should be fair for everyone. Here are a few steps that financial institutions should take to help ensure everyone a...
Misinterpreted Cyber Guidance & 4 Tips for Avoiding the Same Mistake
It is easy to misinterpret cyber guidance, but it can be avoided. Here we share four tips to help you avoid these mistakes.
FIs & Consumer Groups Agree: New GSE Mortgage Fee Is Not Fair
Financial institutions and consumer groups are in an uproar and both agree the new GSE fee on mortgage refinances is not fair.
Does Your FI Need an Audit Committee?
Does your FI need an audit committee as a regulatory requirement or just a best practice? It depends on the size and type of your FI.