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Key Compliance Indicators for Financial Institutions
Measuring key compliance risk indicators empowers your FI to mitigate risk. What compliance metrics should you pay attention to?
What Past Banking Failures Tell You About Protecting Your Institution Today
Bank failures have happened to financial institutions of different sizes over the past 40 years, but the reasons are the same. Our risk management helps.
ERM 101: What’s COSO, and Why Should I Care?
When it comes to enterprise risk management, the leading voice is COSO. Read on for COSO FAQs to learn what COSO is and why you should care about it.
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Will the CFPB Examine Fintechs Soon?
The CFPB's fintech rule proposes to examine them like other financial institutions. Is your fintech company prepared to undergo an exam?
Poor HMDA Data Collection Costs Bank $12 Million
You know you need to collect HMDA data. But how many Code 2s and Code 3s can you report in a LAR? Read more to find out.
Best Practices for Out-of-State Mortgage Lending
State regulations for mortgage lenders are constantly evolving. Discover what you need to do as you expand your lending.
Ask the Examiner: Your Exam Questions Answered by a Former OCC Examiner
Two former OCC examiners answered banker questions about how to prepare for exams, stay on the good side of examiners and overcome common exam challenges.
November 2023 Regulatory Update: CRA, the CFPB and the Latest on Climate Risk
Here are the latest compliance news, insights, and enforcement actions of November from the regulatory compliance expert team of Ncontracts.
Community Reinvestment Act (CRA) Final Rule: Preparing Your Bank for CRA Modernization
The Agencies have issued their final rule for CRA modernization. What does your bank need to do to prepare for these changes?
2023 Regulatory Enforcement Actions
A recap of enforcement actions in 2023 including deceptive banking practices, third-party oversight, redlining, BSA/AML, credit concerns and other issues
Court Requires CFPB Update of UDAAP Exam Manual
What is the current legal status of the CFPB’s UDAAP discrimination language? How you can prepare for more compliance guidance and laws.
Morgan Stanley's $100+ Million Vendor Management Mistake
Take a look at how deficient vendor management has come back to haunt Morgan Stanley to the tune of a $60 million fine from the OCC.
Banking-as-a-Service (BaaS) Explained
Many community financial institutions embrace BaaS and fintech partnerships to remain competitive. What are the risks and rewards of these relationships?
October 2023 Regulatory Update: CFPB news, cannabis banking, more fair lending litigation, and a few final rules
Get the latest regulatory compliance news, updates, and insights from Ncontracts. News about the CFPB, fair lending litigation, and final rules you can’t a…
3 Things Compliance Officers Should Do to Prepare for an Exam
We'll share 3 actions the best compliance officers take, and 6 steps for Fair Lending exam prep. If you have an upcoming exam, you need to read this.
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What Banks Crossing $1 Billion in Assets Need to Know
Banks crossing the $1 billion threshold need to think about a lot more than FDICIA requirements. Risk management and internal controls should be on your ra…
What Is Regulatory Change Management at Financial Institutions?
The six steps to an efficient, repeatable change management process at banks, credit unions, mortgage lenders, and fintechs
What Is Compliance Risk Management?
Compliance risk management, especially when implemented with software, protects financial institutions from financial penalties and reputational risk
Are You an Aggressive Risk Taker? The Answer Might Surprise You
Ignoring risk management is aggressively risky. If you don't engage in risk management, you don't know your financial institution's risk exposure.
Can ChatGPT Help Your Compliance Department? Not Yet.
From inaccuracies to straight-up misinformation, ChatGPT can lead your compliance department astray.
Regulatory Compliance in 2023: We Answer Your Top 5 Questions
Regulatory compliance experts help you get exam ready and talk about the top 8 areas examiners will be looking at
Credit Unions: Get Exam-Ready for 2023 with Top Takeaways from NCUA’s Supervisory Priorities
Find out where the NCUA will focus its 2023 credit union exams and how to prepare for them.
What is Knowledge as a Service (KaaS)?
KaaS solutions combine technology, data & expertise to make banks, credit unions, mortgage companies and fintechs smarter and more efficient
Quiet Quitting & Employee Engagement: Can Technology Solve the Problem?
5 ways to engage employees at banks, credit unions, mortgage companies and fintechs and the role virtual employee engagement platforms (VEEPs) can play
FTX Fraud & Bankruptcy: What It Means for Your Financial Institution
The bankruptcy of FTX is a reminder of why due diligence is essential for 3rd party relationships and to pay attention to the OCC, FDIC, NCUA & Fed
Regulatory Brief for November 2022: Flood Insurance, State Privacy & Cyber Regulations & the Latest with the CFPB
Regulatory experts & compliance attorney break down regulatory compliance news and updates for the financial services industry, including banks, credit uni…
Are You Struggling to Keep Employees Engaged?
A Virtual Employee Engagement Platforms (VEEPs) built exclusively for the financial services industry can help reduce turnover, improve productivity, and l…
How to Respond to 4 Common Technology Objections from Your Bank Board
Tired of your technology budget requests being shut down by the bank’s board? Here’s advice on how to overcome common board objections to technology invest…
ERM 101: What’s Your FI’s Risk Appetite?
Enterprise risk management at financial institutions starts with a board-defined risk appetite
M&A: Getting a Handle on Risk and Compliance During the Acquisition Process
Whether your institution is looking to acquire or be acquired, it’s important to have a good handle on risk and compliance.