Surrogate Regulators: The Vendor Management / Fintech Connection
Should Fintech companies be regulated? With banks responsible for third-party services and the CFPB addressing regulatory concerns, is it necessary?
Losing Control: Poor Compliance Controls Lead to $28.5 Million in Fines and Redress for Navy FCU
Empty threats are rarely a good idea—and sometimes they are straight-up illegal. That’s the lesson $73 billion-asset Navy Federal Credit Union is learning.
Community Action Groups Pressure Banks with Fair Lending Data Analysis
Community action groups are taking the lead of regulators and using Fair Lending data analysis to put pressure on local lenders. Here's how to defend yours…
5 Redlining Compliance Facts Identified in the Fair Lending Hot Topics Webinar
All year, Redlining risk has been a regulatory focal point, including at this year's annual Interagency Fair Lending Hot Topics Webinar. Learn the key...
This Year's HMDA Data is Now Public! Here's What to Do About it.
The annual release of public HMDA data always sparks discussion and delivers insight. This year is no different. Here's are five steps to take now!
Your Vendor Shortlist is Not a State Secret
Keeping your vendor shortlist a secret may seem like a good idea, but protecting it only serves to limit your options as the buyer.
How Not to Manage Risk–A Lesson Courtesy of Wells Fargo
Either Wells Fargo didn’t have strong enough account opening and management policies and procedures in place or there wasn’t a strong enough system ensure
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 same for servicemembers.
Preventing the Top 3 Vendor SLA Mistakes
one of the most effective tools in a financial institution’s vendor management arsenal, but too many institutions make major mistakes when crafting SLAs.
Compliance Emergency Room - Tracking Exam and Audit Findings
Your latest audit just revealed findings. What now? It's time to triage them in your compliance emergency room. What's that? Read more to find out.
Vendor Mistake Costs Bank $10 Million
Think your bank is compliant and following the law? You can’t be sure unless you’re closely monitoring your vendors.
BSA Meets Vendor Management
How necessary is it to document your vendor selection process? If a new law in New York state is any indication, it’s becoming more and more important.
What is Vendor Management?
If you've ever wondered, what is vendor management exactly, we've broken it down to help you understand if vendor management is right for you.
Regulators Use Mystery Shoppers for $10.6M Fair Lending & Redlining Settlement
The CFPB is now using mystery shoppers to identify Fair Lending and Redlining risk, resulting in a recent $10.6M settlement. Learn about this new...
The Real Cost of Compliance for Lenders [Infographic]
The cost of compliance for banks and lenders in 2016 is high. Learn key facts and figures about the real cost of compliance with this free infographic!
Ncontracts Appoints Tom Bell to Board of Directors
This week Ncontracts, a leading provider of risk management and vendor management to the financial services industry, announced Tom Bell as its newest addi…
5 Basics of Strong Fair Lending Compliance Management in 5 Minutes
Fair Lending compliance can be complex, but there are 5 basic elements that any strong compliance management system should have. See how yours compares!
5 Questions to Learn if Fair Lending Regression Analysis is Right for You!
Fair Lending Regression Analysis is a powerful compliance tool, but it's not right for everyone. Ask these 5 questions and learn if Regression is right...
Compete with the CFPB for Complaints...It's Good Business!
The CFPB is actively seeking consumer complaints - are you competing for access to those complaints from your consumers? You should be. Learn why.
Beware Fair Lending Risks Associated with Second Reviews & Exceptions
A recent HUD settlement highlights potential Fair Lending risks related to second reviews & exceptions. Learn about the agreement and our observations.
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 to be taking steps to protect from cyber attacks.
When Third-Party Vendors Mean Quadruple the Risk
Financial institutions outsource to be efficient. Whether it’s offering competitive products and services or making good use of staff resources,
5 Reasons to Smile About Regulatory Compliance
If you are headed to San Diego for the ABA Regulatory Compliance Conference, please visit TRUPOINT in booth 415. Here are 5 things we're looking forward to…
Four Ways to Ensure Your Vendors Are Prepared for Disaster
If you’re dependent on a third-party vendor that can’t quickly recover from a disaster, there’s a major gap in your own business continuity plan.
CFPB Annual Report Shines Light on Fair Lending
CFPB provides great insight into today's fair lending priorities (Mortgage, Indirect Auto, Credit Card, Small Business) and common tripwires.
The $30 Million Spreadsheet: The hidden costs of spreadsheets–and their mistakes
As regulatory guidance has expanded the scope of regulations, risk and vendor management have grown more complicated. Enterprise risk management
Community Bankers of Michigan expands its endorsement of Ncontracts
Community Bankers of Michigan announces an expansion of their partnership with Ncontracts.
The OCC Walks the Enterprise Risk Management Walk—and So Should You
For years regulatory agencies have emphasized the importance of enterprise risk management (ERM). Now the OCC is taking its own advice.
Fair Lending 101: Pricing is Only One Piece of the Puzzle
Some compliance officers think Fair Lending is all about pricing risk, but it's just one piece of the puzzle. Here are the 8Fair Lending risk to know!
Community Bankers Association of Ohio Expands Partnership with Ncontracts
Community Bankers Association of Ohio announces an expansion of their partnership with Ncontracts.