What is a Third-Party Vendor?
What is a third-party vendor? How do you manage risk for third and fourth-party vendors? Here’s what your financial institution needs to know to comply.
Service-Level Agreements (SLAs) for Bank Vendor Management
Do your vendor contracts contain service-level agreements (SLAs)? SLAs guarantee performance and protect your financial institution from risk.
Vendor Due Diligence for Banks
Does your bank manage vendor risk? Don’t leave your institution and customers exposed. Choose the industry’s best vendor management solution.
ESG and Vendor Risk Management: What You Need to Know
Insights on the evolving role of ESG vendor risk management, including regulatory requirements for banks, credit unions, and other financial institutions
What is a Third Party?
What is a third party? How does a 3rd party help organizations succeed? What are the potential downsides of working with a third party?
Third-Party Service Providers and Vendor Management: What Banks Need to Know About New Guidance
New third-party service provider (TPSP) vendor management guidance for banks from the OCC, FDIC and Fed
Expert Q&A: How to Assess Vendor’s Data Recovery Capabilities
Data recovery advice for financial institutions outsourcing to third parties and how to manage these vendors
Third-Party Provider Data Breaches: 3 Lessons Learned
Tips for managing and mitigating third-party data breaches at financial institutions
Are You Giving Employees What They Want? (And Other Conference Takeaways)
Employees want to be treated with empathy and integrity—or they’ll leave
Outsource Marketing Activities? Make Sure You Have a Vendor Management Program
Marketing departments at financial institutions need to think about risk, compliance, and vendor management
TPRM 101: Top Third-Party Vendor Risks for Financial Institutions
A rundown of the biggest third-party vendor risks banks, credit unions, mortgage companies, and other financial institutions needs to know about
ERM vs. Vendor Management: What’s the Difference?
Enterprise risk management (ERM) and vendor management are not interchangeable. Banks, credit unions, mortgage companies and fintechs need both.
4 areas of focus for evaluating cloud-based vendors
When evaluating cloud-based vendors, financial institutions should adhere to their existing vendor management cyber guidance.
4 Reasons to Add Cyber Monitoring to Your Vendor Management Program
The insights cyber monitoring provides can help you learn more about your vendor’s cyber risk by giving you answers to questions
8 Vendor Management Practices Examiners Are Looking For
Third-party vendors play a critical role in compliance. Therefore, examiners are looking for 8 vendor management practices.
How Many Vendors Should Your Financial Institution Have?
The number of bank, credit union, and mortgage broker third-party vendors isn’t nearly as important as identifying them all.
What Is a SOC Report and How Can I Use it for Vendor Management?
Financial institutions can use SOC reports as the first step in third-party due diligence, but true vendor management demands a deeper look.
Ncontracts Challenges the Gartner Vendor Management Magic Quadrant
Ncontracts remains fully focused on developing functionality for financial services customers across the US.
Regulatory Insight: Artificial Intelligence & Third-Party Risk
Highlights from a comment letter to federal banking agencies (CFPB, FDIC, Federal Reserve, NCUA, and OCC).
The Future of Vendor Management: What the Proposed Federal Third-Party Guidance Means for Your Bank
Risk Management aims for a unified approach to vendor management, integrating oversight and accountability.
How Third-Party Oversight and Complaint Management Could Have Prevented an $11.5 Million UDAAP Enforcement Action—and What It Means for Your Vendor Management
Poor vendor oversight, complaint management, and risk controls hurt consumers.
3 Ways to Identify Critical Vendors for your Financial Institution
Are you making this critical vendor management policy mistake? It may be time to review your policies.
Vendor Management: Which ‘Friend’ Will Be There for You?
We thought we’d have a little fun with Friends by asking which Friend you’d hire for a vendor management role at your financial institution.
6 Features to Look for in a Contract Management Software
Here are 6 features a contract management software should have to improve how financial companies manage third-party vendor contracts.
How to Lighten Your Vendor Management Workload
Here are the most effective ways to lighten your vendor management workload while still ensuring your vendors are properly managed.
How Should the 3 Lines of Defense Work in a Vendor Management Program?
The Three Lines of Defense helps banks, credit unions, mortgage companies and fintechs build and effectively manage the vendor management lifecycle
How to Review Critical Vendors' Cybersecurity
A good vendor management is a place to review and assess the cybersecurity of critical vendors.
Why Vendor BCP Matters: Texas Storm Knocks Massachusetts CU Offline
According to one Massachusetts credit union, a historic storm in Texas meant a multi-day outage showing that vendor BCP matters.
3 Lessons Learned from a Third-Party Vendor Breach
Late last year while the SolarWinds breach was drawing attention another third-party vendor breach was also wreaking havoc - here are the 3 lessons learned
9 Steps for Successful New Vendor Onboarding
Read to find out 9 steps for successful new vendor onboarding to set them up strategically, efficiently, and compliantly.