A Guide to 2020’s Top Fair Lending Enforcement Actions, Fines, and Lawsuits
Let us revisit some of the impactful fair lending enforcement actions, fines, and lawsuits of 2020. These blogs break down what went wrong and how...
Top 10 Compliance Blogs of 2020
Continuing with the theme, here are 10 of our most popular compliance-related blog posts for 2020.
All the Risk News That’s Fit to Print: Ncontracts’ Top 2020 Risk Management Blogs
We’ve gathered our most popular risk management blog articles—selected from over 150 written this year—to help inform your risk management efforts.
3 Top Takeaways from the 2020 Fair Lending Interagency Webinar
The Federal Reserve hosted representatives at the interagency webinar from the regulatory agencies to share the top 3 fair lending takeaways and trends.
Third-Party Breach Exposes Treasury Emails—And That May Be Just the Beginning
We were reminded just how insidious third-party vendor attacks can be when Russian hackers infiltrated the emails of the Treasury and Commerce Departments.
Are You Prepared to Defend Your PPP Lending?
Regulators are examining PPP lending, be sure your financial institution is prepared to defend your loan decisioning.
Risk Culture vs. Compliance Culture: What’s the Difference?
Risk culture and culture of compliance are common buzzwords these days. What’s the difference and what does that mean for your institution?
Let Me Tell You a Story
Let us tell you a story about a bank that works hard to comply with fair lending laws to be there for the people of Far, Far Away.
Internal Audit Failures Costs JP Morgan $250 Million
JP Morgan failed to maintain adequate internal controls and internal audit over its fiduciary business and it cost them $250 million.
Lending Compliance: Building Up the Three Lines of Defense
A financial institution’s lending compliance management system must effectively guard the FI against unnecessary risk with these three lines of defense.
Weigh the Risk Before Cutting These Key Costs, OCC Says
OCC is warning banks to be careful when cutting funding for key control functions and processes.
New Redlining Suit: Are You Making the Same Mistake as Redfin?
Redlining made news again when the NFHA and other fair housing organizations filed a suit against Redfin, an online real estate service.
Ncontracts Launches New Podcast - The Ncast
The leader in integrated risk management solutions launches a new podcast focused on the people and issues on the front lines of risk and compliance
Ncast Podcast Launches with Remote Exam & Cyber Risk Discussion with ABA’s Paul Benda
Today we’re excited to announce the launch of our new weekly podcast, the Ncast! The Ncast Podcast launches with Remote Exam & Cyber Risk Discussion
HMDA Data Scrubbing FAQ
Here are the answers to your most frequently asked questions about HMDA data scrubbing.
What does the 'M' in CAMELS stand for?
The M in CAMELS stands for management, who is responsible for setting and implementing the strategic decisions and plans that determine CAMELS rating.
Halloween Fun: Spook-tacular Risk, Compliance & Vendor Management Stories
We’ve put together a collection of our best Halloween-themed risk, compliance, and vendor management blog posts.
How Does Your Business Continuity Plan Measure Up?
Financial institutions must be resilient and ready for anything. How does your business continuity plan measure up?
6 Essentials for Flawless Policy Management
Flawless policy management is essential as regulations, the operational environment, and your financial institution’s priorities shift.
How to Manage Cyber Risk Like a Boss
October is National Cybersecurity Awareness Month and it’s an annual reminder of how financial institutions—need to do their part to manage cyber risk.
3 Ways to Use Consumer Complaints to Manage Lending Compliance Risk
Here are three ways financial institutions can use consumer complaint management to reduce compliance risk when it comes to fair lending.
Citibank’s $400 Million ERM & Compliance Fine: 6 Lessons Learned
Not properly implementing enterprise risk management for financial institutions can result in unsound practices, penalities, and more.
Audit Management Is Evolving. Are You Keeping Up?
Audit management programs have been predictable and formulaic for most of banking’s history. However, things are evolving, is your financial...
How to Reduce the Cost of a Data Security Breach at a Bank or Credit Union
Cyber risk management controls that reduce the risk of a data security breach occurring also reduce the cost of a data breach at banks and credit unions.
10 Must-Have Elements to Include When Drafting Policies
When drafting policies, be sure to include these 10 must-have elements in each one to keep them effective.
11 Can’t-Miss Compliance Management Tips From Top Compliance Officers
11 can't miss compliance management tips from some top compliance officers. Some of the latest tips and tricks for making compliance more effective.
5 Ways to Show Your Files Some Love—and Better Manage Risk
In honor of National Love Your Files Week (September 21-25), we’re sharing our top five tips for making file management simpler and more efficient
7 Ways to Cut Compliance Costs & Still Stay Compliant
Many financial institutions are using creativity and practical thinking when looking for ways to cut compliance budgets and still remain compliant.
9 Steps to an Effective Tabletop BCP Test
Your BCP tabletop exercise is an important part of your overall business continuity plan. Here are 9 steps you can take to ensure your test is effective.
Business Continuity Planning: Where to Start
There’s no shortage of information about business continuity planning (BCP), but having lots of information is different from having