2013 Operations Risk Management Security 
CFPB Monitor
MARCH 9, 2020
On March 5, 2020, the OCC issued a revised set of FAQs designed to supplement OCC Bulletin 2013-29 (Third-Party Relationships: Risk Management Guidance) issued on October 30, 2013. The OCC appears to place risk management responsibilities upon banks for such activities conducted by third-party data aggregators.
PYMNTS
DECEMBER 9, 2020
Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. V-CIP’s biggest advantage is the elimination of risks associated with secure transmission and storage of documents.
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Celent Banking
MARCH 2, 2017
When it comes time to choose a business partner, banks will favor those who help them execute their third party risk management (TPRM) responsibilities over those who begrudgingly comply. OCC 1 TPRM regulations alone require the bank to evaluate 16 risk dimensions when engaging with a third party.
Abrigo
OCTOBER 29, 2014
This metric surged from 2 percent as of June 30, 2013, to 4.4 • Board risk parameters, adequacy of staffing, succession planning and audit. As a result, the OCC will focus on: • Identification, measurement, monitoring and control of interest risk rate. • Vendor and third-party management processes.
Abrigo
APRIL 1, 2015
Lynn McKenzie and Edmund Green of KMPG recently contributed an article to Bank Director on how boards can challenge their banks’ management on risk. If the bank isn’t required to maintain a risk committee (under $10 billion in assets), is there an appropriate degree of focus and attention on risk management?
Insights on Business
APRIL 23, 2018
Previously collaborating on projects involving mobile , risk management , or cognitive computing to improve customer service , Citi has not been shy to embrace modern technological advances to improve their business. Trust is established when you have the confidence that your data is safe and secure. Technology moves fast.
Abrigo
MAY 5, 2022
Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.”
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