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...
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!
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.
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.
Fair Lending Enforcement Is Heating Up: Avoid These 3 Mistakes
It’s been a busy summer for fair lending compliance enforcement. Both the CFPB and the Justice Department have been cracking down on Fair Lending...
Board & Management Fail: Operational Risk Management Weaknesses Leads to $80 Million Fine
Capital One's board and management correct operational risk management weaknesses that led to $80 million fine after database was breached.
9 Risk Management Failures That Led to Charges Under NY’s Cyber Law
Risk management failures exposing private customer data lead to charges of a title company based in Nebraska under NY's cyber law.
COVID-19 Loan Relief: 3 Risk Management & Fair Lending Tips
Financial institutions have been working with borrowers struggling as a result of the COVID-19 pandemic. Here are 3 risk management and fair lending tips.
Vendor Due Diligence: Don't Make This SOC 2 Report Mistake
Make sure to engage in due diligence with your third-party vendor and avoid critical SOC 2 report mistakes.
6 Tips for Telling Your PPP Fair Lending Story
It is important to be able to tell your Paycheck Protection Program (PPP) Fair Lending story. We’re giving you 6 key tips to help you do it.
Improve Your Audit Plan With 5 Key Risk Management Principles
It can be hard to figure out where an audit plan should begin. Here are five key risk management principles to focus on to improve your audit plan.
4 Ways to Improve Risk Management When Risk Is High
Risk management is an active and ongoing process. Here are four ways to improve risk management when risks are high.
Fair Lending & PPP: Who Tells Your Story?
The Paycheck Protection Program is becoming a hot topic in Fair Lending. Who is going to tell your PPP Fair Lending story?
Which Hamilton Character Is Your Right-Hand Man?
Take this fun quiz to find out which Hamilton character would be your right-hand risk manager.
Internal Audit 101: Audits vs. Compliance Reviews
The difference between audits versus compliance reviews. Both require expertise and surface systemic issues. But there are several key differences.
OCC Says Fair Lending Risk Is on the Rise
The OCC notes that overall compliance risk is increasing, calling out Fair Lending risk, in particular, is on the rise.
Did Your Vendor Need PPP Funds?
Did one of your critical third-party vendors need Paycheck Protection Program (PPP) funds?
Business Continuity: 7 Areas to Evaluate Part-Way Through A Pandemic
Regularly evaluate your operations and business continuity management to ensure plans are performing as expected through a pandemic.
Second “Buy Here, Pay Here” Auto Dealership in Hot Water Over Fair Lending
Second case of “buy here, pay here” auto dealership in hot water with authorities for Fair Lending violations.
ABA Bank Compliance Magazine: Rolling the Dice on Ethics
ABA Magazine, Rolling the Dice on Ethics explores research and case studies to understand the relationship between compliance and ethics.
What Examiners Will Be Looking for in Your COVID-19 Response
The ongoing COVID-19 pandemic has impacted operations and financials at every financial institution.
Does Your Vendor Management Program Measure Up to the DOJ Expectations?
Every FI knows that regulatory agencies evaluate their vendor management program as part of the exam process. The Justice Department does too.
What the Fed Chair has to Say About Fair Lending Enforcement
We’ll check in on Federal Reserve Chairman Jerome Powell’s latest comments on Fair Lending enforcement.