Three Banking Trends that Fizzled—And One That Stands the Test of Time
As we prepare for a new decade, let's take a stroll down memory lane to look at a few banking trends from the last 20 years that have lost their luster.
Ncontracts Recognized as a Challenger in the Gartner Magic Quadrant for IT Vendor Risk Management Tools
Ncontracts announced that it has been positioned by Gartner, Inc. in the Challengers quadrant of the Magic Quadrant for IT Vendor Risk Management Tools
OCC: Lack of Risk Management Leads to Enforcement Actions
Lack of appropriate governance, oversight, and risk management systems and controls are the leading cause of enforcement actions according to the OCC.
Is HMDA for Small Business on Its Way?
Regulatory agencies have been emphasizing the importance of a strong and effective CMS. Find out four ways to streamline your CMS.
A Regulator's Holiday Wish List for the Year Ahead
We’ve been taking notes at industry conferences/meetings and know exactly what a federal regulator is hoping you’ll get them this year.
How to Control the Financial Risk of a Data Breach
How much does a data breach cost? Understanding the costs can help your financial institution mitigate the financial risks of a data breach.
Compliance Managed: Four Ways to Streamline a CMS
Regulatory agencies have been emphasizing the importance of a strong and effective CMS, they’ve given financial institutions a lot of flexibility in...
The Difference Between Data Privacy and Security
Data privacy and security has been getting a lot of press as the industry looks ahead to when the new consumer privacy law takes effect January 1.
Don’t Fear Artificial Intelligence: A Primer for AI in Risk & Compliance Management (Part 1)
Does the phrase “AI in risk and compliance management" conjure up images of robots taking over the world—or worse yet, replacing
Fair Lending Risk: Do You Have a Seat at the Risk Management Table?
Your institution uses compliance analytics software and services for fair lending, HMDA, CRA, and redlining so that it can recognize risks, increase...
What Does the OCC Look for in a CMS?
The OCC wants banks it regulates to “develop and maintain an effective CMS that is appropriate for the size, complexity & risk profile of its operations.”
Apple Card’s Fair Lending Fiasco
While those tracking the mortgage industry have been digging through the new, expanded Home Mortgage Disclosure Act (HMDA) data, other types of Fair...
Risk Management Aids Prep for Risk-Focused Exams
Risk management helps financial institutions anticipate and guard against all kinds of risks. But did you know it can also help prepare for exams?
A Risk Assessor Origin Story Courtesy of Stephen King’s IT
Movies are chockfull of superhero origin stories, but what about us regular risk management folks?
All the Fair Lending News That’s Fit to Print
2019 has been a big year for Fair Lending news. We catch you up on the latest.
7 Features Every Compliance Management System (CMS) Needs
Compliance management is no joke. Look for a compliance management solution with these seven key features...
Can You Adopt an Agile Approach to Compliance?
One of the buzzwords in business these days is “agile.” If you’re looking to learn more about what an agile approach is, and how it can be used in...
3 Benefits of Analytics Software vs. Manual Analysis of Your HMDA Data
Are you still analyzing your Fair Lending data manually? If so, it’s time to consider a different approach. Here are the benefits of replacing a manual...
9 Reasons Why We Are Thankful For Compliance Officers
Here are 9 reasons we are thankful for compliance officers! Thank you, compliance officers, for everything you do.
Have You Prepared for Climate Change Risk?
What is your bank doing about climate risk and its potential impact on loans, investments, and operations?
Quiz Time! How Did You Get Your Start in Banking?
Risk management starts at the top, but bankers typically start at the bottom.
5 Fair Lending Lessons Learned in 2019
Now is perfect time to reflect on some of the lessons learned this year. In particular, we’ve seen lots of changes in Fair Lending compliance.
5 Fair Lending Lessons Learned in 2019
As Q4 approaches, it's time for compliance professionals to reflect on the changes we’ve seen so far. Here are 5 fair lending lessons learned this year.
What If a Cyber Attack Caused a Bank Failure?
There are more than just financial threats to industry stability. The FDIC is actively considering how it would handle an unprecedented scenario: a bank
Ignore KRIs & KPIs at Your Own Peril: Best Practices for Key Risk Indicators
Stop me if you’ve heard this story before. Significant management turnover at a $1B FI, and new management is eager to make an impact. The solution:
Summer Blockbusters Revisited: Assessing My Risk Assessments
When it can cost nearly $100 to take a family of four to the movies (including snacks, of course), you don’t want to risk wasting your cash on a so-so movi
Is Your Institution Prepared for These Emerging Risks?
Across the business world, businesses in all industries are worried about the pace of change...
PA Bankers Services Corporation Endorses Ncontracts’ Solution Suite
The PA Bankers Services Corporation (Services Corp.) and Ncontracts jointly announce the addition of Ncontracts into the corporation’s Select Vendor...
15 Key Insights from the CFPB Fair Lending Report [Part Two]
Check out the second half of our two-part series on the CFPB's 2018 Fair Lending Report. If you have to comply with Fair Lending, this post is for you.
6 Silo-Busting ERM Tips
How do seasoned risk professionals fight risk management inertia? They find ways to dismantle silos and develop processes to spark discussion about risk