Abrigo

DECEMBER 30, 2019

Institutions must create a strong culture of compliance. Creating a Culture of Compliance. One of the more important takeaways from 2019 is that all institutions, regardless of size or risk profile, must have a strong culture of compliance, as directed by FinCEN’s advisory in 2014.

Training 195

Training Compliance Leadership Fraud 195

Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” 10, 2014 effective date. Assess risk management structures.

Community Bank 207

Community Bank Community Guidelines Risk Management 207

Jack Henry

APRIL 30, 2014

Most of the expectations outlined in these alerts should already be a part of your current risk based processes. These should serve as reminders for reviewing/updating and ensuring your risk management and compliance efforts continue to meet those expectations.

Fraud 88

Fraud Cyber Security ATM FDIC 88

PYMNTS

AUGUST 12, 2016

The FAIR Institute , a nonprofit aimed at developing standard information risk management practices, announced on Thursday (Aug. 2014, the NIST CSF was released and has rapidly emerged among companies and government organizations as the leading taxonomy and set of best practices for managing cybersecurity risk, both in the U.S.

Resources 100

Resources National Technology Analysis 100

Perficient

MAY 27, 2022

Since 2014, New York has only allowed crypto companies to operate in the state if they obtain a BitLicense, and even then, licensed companies are limited in the types of digital assets they can sell. Maintaining a service provider oversight program to address risks to service provider relationships.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Insights on Business

APRIL 29, 2019

GM relied on four separate systems to support its audit, risk and control activities, which made it difficult to gain a real-time view of and understand relationships between risks, controls and issues across the company. The organization invests time and resources into identifying, mitigating and monitoring risk.

Technology 79

Technology Risk Management System Management 79

Independent Banker

OCTOBER 14, 2014

According to a statistic released as part of the ICBA 2014 Top 50 Community Bank Leaders in Social Media, nearly 2,500 banks have a Facebook or Twitter presence, and the numbers continue to exponentially grow. Section IV, Risk Areas, is helpful in evaluating risk and ensuring social media activity complies with regulations.

social media 88

social media Risk Management Compliance Community Bank 88

PYMNTS

OCTOBER 10, 2018

since 2014 for B2B transactions, but the rail accounts for a mere 8 percent of B2B transactions — and that’s combined with cash. According to Mugford, fraud and regulatory compliance are a headache for banks and corporates regardless of payment rails used, but remain of paramount importance.

Fraud 116

Fraud Compliance Innovation Payments 116

Abrigo

FEBRUARY 2, 2015

Risk management issues were also a high-ranking hurdle to growing banks, with 26 percent calling it a concern for 2015. The cost of compliance in these areas are also high for community bankers. The ICBA’s 2014 Community Bank Lending Survey suggests the shift is coming in the form of less consumer lending.

Community Bank 150

Community Bank Community Regulation Survey 150

PYMNTS

APRIL 20, 2016

Dodd-Frank, for example, deals with financial institutions and the people who use them; Basel III deals with risk management; the money market reform centers on finding conservative holdings and credit ratings. Regulatory frameworks for the above mandates are never one-size-fits-all. two years ago to 3.2

Taxes 100

Taxes Regulation Management Marketing 100

Jack Henry

JULY 2, 2014

The stakes of this game are rising, however, because of increased sophistication of cyber-attacks, regulatory scrutiny around how banks are managing IT environments, and the growing number of governing entities with their fingers in the compliance pie.

Cyber Security 102

Cyber Security Compliance Security FDIC 102

CFPB Monitor

AUGUST 22, 2016

Dion Kidd Johnson, President, Chief Operating Officer and Chief Risk Officer, Western Bank, Alamogordo, NM. Cal Ratcliff, Senior Vice President, Chief Compliance Officer, Bank of North Carolina, High Point, NC. Harrigan, Chief Risk Officer and General Counsel, Service Credit Union, Portsmouth, NH. Ian Ayres, William K.

San Antonio 60

San Antonio Kansas City Groups CA 60

Independent Banker

FEBRUARY 24, 2016

Obviously these local lenders took notice when the Federal Reserve, the FDIC and the Office of the Comptroller of the Currency recently issued a joint statement pointing out increased risks in CRE lending. percent of its total assets—was nonperforming at the end of 2014, according to the bank’s most-recent annual report. “I

Community Bank 70

Community Bank Lending Community Regulation 70

Independent Banker

SEPTEMBER 26, 2014

In fact, our opening salvo in the 2014-16 EGRPRA review offers not just a sampling of banking regulation in need of reform, but also advice on how regulators could maximize their effectiveness over the next two years. Advocacy & Policy Regulation / Compliance Washington Watch' Starting fresh. in Lowell, Mass.;

Washington 70

Washington Fort Worth Regulation Community Bank 70

NCR

JANUARY 9, 2017

The UAE is currently working to diversify its economy to ensure sustainability in what is being called the ‘post-oil era’ Oil prices have been on a steady downward trend for more than two years, plunging from over $103 for a barrel of crude oil in March 2014 to just $29 in January 2016.

Innovation 40

Innovation ATM Industry Trends 40

PYMNTS

OCTOBER 1, 2018

Riding a wave of market enthusiasm, LendingClub filed and completed its IPO in 2014, raising $900 million, the biggest tech IPO of that year. It was, as Karen Webster noted in February of 2016, a very attractive model for many investors. “So, Within five days of that IPO, LendingClub’s value had grown to $10 billion.

Lending 135

Lending Fraud Management San Francisco 135

Fintech Labs Insights

MAY 7, 2015

Assuming it hasn’t slipped, Square still holds claim to #1 with a $6 billion valuation (October 2014). Trizic ($3 million) a new wealth management platform provider. Real estate risk management (aka Solidifi & iv3CUS). Business analytics and risk management for banks. Source: Crunchbase.

San Francisco 12

San Francisco New York City Company Fintech 12

Jeff For Banks

FEBRUARY 3, 2017

Third, the explosion in regulations over the past eight years has served to hinder businesses, especially new small business formation, and has drained valuable resources as compliance costs soared. I mentioned that interest rates have risen dramatically since Election Day. The markets must think that GDP growth will soar on January 21 st.

Marketing 60

Marketing Taxes Regulation US 60

Social Assurance

JULY 1, 2014

Marketing doesn’t have time, compliance doesn’t have time, who has time to manage this? — TS Bank (@ts_bank) June 19, 2014. Avoiding risk is as risky as risking what should be risked. Attracting Customers Risk Management' Data doesn’t lie. Why is that?

social media 22

social media Handbook Community Tools 22

Fintech Labs Insights

JANUARY 18, 2016

The year continues its blistering pace with 28 companies worldwide raising new funds this week, the biggest number since we began tracking in July 2014. Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Derivative risk management.

Company 12

Company New York City Fintech San Francisco 12

CB Insights

DECEMBER 5, 2017

The same group completed fewer than 25 investments in aggregate between 2012 and 2014. ” In this area, AmFam has made investments in startups including Cozy , a rent management startup, and mobile used car marketplace Instamotor. Allianz Ventures. American Family Ventures. Aviva Ventures. AXA Strategic Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28