Monkey Business: What Two Gambling Monkeys Can Teach Us About Risk

Monkey Business: What Two Gambling Monkeys Can Teach Us About Risk

Did you hear about the monkey gambling for drops of juice in a casino? It’s an actual experiment that gives us insights into risk and decision making...

Oct 5, 2018 2 min read
Ammo for the Budget Battle: How Risk Management Delivers ROI

Ammo for the Budget Battle: How Risk Management Delivers ROI

Need help communicating return on investment (ROI) for risk management software? Here are arguments to help make the case to management and the board

Oct 3, 2018 2 min read
How to Build a Better Bank Budget in 7 Steps

How to Build a Better Bank Budget in 7 Steps

Whether you're leading a department or an entire financial institution, you'll learn valuable tips for how to create a budget. Plus...

Oct 3, 2018 10 min read
OCC: Cybersecurity, Commercial/Retail Credit & BSA Will Be 2019’s Top Supervisory Priorities

OCC: Cybersecurity, Commercial/Retail Credit & BSA Will Be 2019’s Top Supervisory Priorities

Risk and cybersecurity remain top supervisory priorities at the OCC for a second year in a row, the agency reports in its latest supervision operating plan

Sep 27, 2018 2 min read
7 Things You Need to Know Before Buying Cybersecurity Insurance

7 Things You Need to Know Before Buying Cybersecurity Insurance

Cybersecurity insurance doesn’t always cover your institution the way you expect. Consider these 7 things before you buy...

Sep 20, 2018 2 min read
Everything You Need to Know about Fair Lending Regression Analysis

Everything You Need to Know about Fair Lending Regression Analysis

Fair Lending Regression Analysis is useful for much more than just HMDA. Here are the answers to 9 essential questions about...

Sep 19, 2018 6 min read
FDIC Proposes Retiring Half Its Risk Management FILs—But Don’t Get Too Excited

FDIC Proposes Retiring Half Its Risk Management FILs—But Don’t Get Too Excited

It sounds like every banker’s dream come true. The FDIC has proposed retiring 374 of the 664 risk management supervision-related Financial Institution

Sep 18, 2018 3 min read
Do You Qualify for the HMDA Small Filer Exemption?

Do You Qualify for the HMDA Small Filer Exemption?

If HMDA compliance is a priority for you, you need to know the details of the CFPB's HMDA Small Filer partial exemption...

Sep 12, 2018 8 min read
Free Your Inner Luddite & Find Risk Management Peace

Free Your Inner Luddite & Find Risk Management Peace

If you think of yourself as a risk management Luddite, consider this fresh perspective. It will make your job easier if you’ll let it.

Sep 7, 2018 4 min read
5 Fun Ways to Celebrate the Fair Housing Act's 50th Birthday

5 Fun Ways to Celebrate the Fair Housing Act's 50th Birthday

One of the most fundamental regulations to today's compliance landscape is the Fair Housing Act. As this landmark legislation turns 50, here...

Sep 5, 2018 5 min read
Discovering a Vendor Data Mistake: A Lesson from the Fiserv Flaw

Discovering a Vendor Data Mistake: A Lesson from the Fiserv Flaw

Have you ever swapped out a number or letter in a URL to skip to another page? Cybersecurity researcher and ethical hacker, Kristian Erik

Sep 5, 2018 3 min read
Poor Vendor Risk Management Costs Bank $4.75 Million

Poor Vendor Risk Management Costs Bank $4.75 Million

Compared to other agencies, the Fed hasn’t handed down very many enforcement actions for unfair and deceptive practices violating the FTC Act. Why then is

Aug 30, 2018 4 min read
How to Set Up a Risk Committee

How to Set Up a Risk Committee

The risk committee helps ensure that management and the board understand each other. Here're tips on setting up a risk management committee.

Aug 23, 2018 2 min read
5 Lessons from HUD's "Digital Redlining" Complaint Against Facebook

5 Lessons from HUD's "Digital Redlining" Complaint Against Facebook

Last week, the Department of Housing and Urban Development announced a formal complaint against Facebook for alleged digital...

Aug 22, 2018 7 min read
Risk Assessments 101: The Role of Probability & Impact in Measuring Risk

Risk Assessments 101: The Role of Probability & Impact in Measuring Risk

Risk assessment methodology for banks aren’t nearly as subjective as they may seem. Here, we walk you through exactly what you need to evaluate.

Aug 20, 2018 3 min read
Which Risk Manager Would You Hire? Game of Thrones Edition

Which Risk Manager Would You Hire? Game of Thrones Edition

While we wait for next year’s final episodes, get your GoT fix with this hypothetical exercise in risk management hiring...

Aug 16, 2018 5 min read
Breaking: OCC Says Multiple CRA Downgrades for Discrimination Still Possible

Breaking: OCC Says Multiple CRA Downgrades for Discrimination Still Possible

If you're regulated by the OCC, you need to understand the updates to their policies on CRA ratings downgrades as a result of evidence of discrimination.

Aug 16, 2018 3 min read
Regulators Release 4 Valuable Warnings on Redlining Risk

Regulators Release 4 Valuable Warnings on Redlining Risk

In last month's bulletin from the Federal Reserve, the regulators released 4 warnings about Redlining risk management. You won't want to miss these valuabl…

Aug 15, 2018 6 min read
5 Features Every Vendor Management Software Solution Should Have

5 Features Every Vendor Management Software Solution Should Have

Here are the top five features to look for when selecting a vendor management software solution...

Aug 13, 2018 8 min read
FS-ISAC Offers Free Cyberattack Exercise

FS-ISAC Offers Free Cyberattack Exercise

When was the last time your incident response team practiced its response to a cyberattack? If it’s been awhile, you may want to look into the CAPS

Aug 9, 2018 2 min read
11 Powerful Headlines Showcase the Media's Focus on Redlining

11 Powerful Headlines Showcase the Media's Focus on Redlining

In the compliance world, Redlining remains a primary area of focus. Regulatory agencies, no matter their politics or priorities, agree that Redlining...

Aug 8, 2018 11 min read
Is Your Third-Party Vendor Contract Specific Enough When It Comes to Cybersecurity?

Is Your Third-Party Vendor Contract Specific Enough When It Comes to Cybersecurity?

If you’re assuming your third-party service provider is following cybersecurity best practices because it’s smart business, think again...

Aug 3, 2018 2 min read
Is Your Compliance Program Reactionary or Proactive?

Is Your Compliance Program Reactionary or Proactive?

Is your compliance management program reactionary, or is it proactive? In this post, you'll learn why compliance is still critically important, and...

Aug 1, 2018 7 min read
How Confident Is Your CFO When It Comes to Managing Risk?

How Confident Is Your CFO When It Comes to Managing Risk?

When it comes to managing risk, many CFOs are not highly confident in their abilities to get the job done well. Here's 3 reasons why:

Jul 31, 2018 3 min read
Examining the Examiner: What the OIG Has to Say About the FDIC

Examining the Examiner: What the OIG Has to Say About the FDIC

Your regulator may seem like an all-powerful force, but everyone answers to somebody. In the case of the FDIC it’s the (OIG)

Jul 26, 2018 3 min read
$30,000 Fair Lending Settlement Highlights Power of Community Groups

$30,000 Fair Lending Settlement Highlights Power of Community Groups

A recent Fair Lending settlement with a $1B New York-based credit union highlights the importance of a strong Fair Lending compliance risk management...

Jul 25, 2018 5 min read
Risk & Vendor Management: The Role of Committees vs. Departments

Risk & Vendor Management: The Role of Committees vs. Departments

When it comes to risk and vendor management, both the board and management have specific roles to play, but where do committees and departments fit in?

Jul 24, 2018 3 min read
Should Vendor Management Report to Compliance or IT?

Should Vendor Management Report to Compliance or IT?

What’s best for one financial institution isn’t necessarily best for another. One common question: Should vendor management report to compliance or IT?

Jul 18, 2018 3 min read
A Handy Guide to the Leading Names & Faces in Banking Compliance Today

A Handy Guide to the Leading Names & Faces in Banking Compliance Today

Learn the names and faces of the individuals leading the banking compliance conversation. With this knowledge, you'll have a better sense for the who's who…

Jul 18, 2018 7 min read
Vendor Consolidation: What It Means for Vendor Management and Due Diligence

Vendor Consolidation: What It Means for Vendor Management and Due Diligence

Many financial institutions are choosing to consolidate vendors. It’s a move that makes sense from a business and management perspective, but how does

Jul 16, 2018 3 min read