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2021 GonzoBanker Awards

Gonzobanker

Gonzo readers, 2021 was just plain schizophrenic. 2021 fintech investments, merger activities, and overall focus were off the charts. Two, read and enjoy the 2021 GonzoBanker awards, our annual take on the best things we saw during the year. So which merger was the best in 2021? Doug Larson. THE BANKER AWARDS.

Fintech 147
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Federal Reserve Issues Supervisory Letter on Crypto Activities for Banks

Perficient

The Federal Reserve will require a firm, prior to engaging in crypto-asset-related activities, to have in place adequate systems, risk management, and controls so the new activities are practiced in a safe and sound manner that is compliant with applicable consumer protection statutes and regulations. Financial risk.

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Murex Extends Winning Streak in IBSi Sales League Table

Bobsguide

Murex , the global leader in trading, risk management and processing solutions for capital markets, is thrilled its integrating MX.3 The ranking recognizes financial software vendor success based on 2021 sales figures. Helou, Murex managing partner and co-founder. 3 continues to be the top choice for technology?re-platforming?in

Capital 78
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NY Department of Financial Services announces initiative to collect and publish diversity data

CFPB Monitor

To further its ongoing diversity, equity, and inclusion (DEI) efforts, the New York State Department of Financial Services (DFS) announced an initiative to collect and publish diversity data on the demographic makeup of NY-regulated financial institution’s boards and senior management teams.

Data 78
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FFIEC Cybersecurity Maturity Assessment Tool

Cisco

This was revised in 2017, and this consistent framework is intended to be able to help leadership and the board assess their preparedness and risk over time. This framework is especially relevant given the recent FFIEC Architecture and Operations update and the Executive Order on Cybersecurity from 2021. Cybersecurity Controls.

Tools 114
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The FFIEC’s Architecture, Infrastructure, and Operations book

Cisco

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions. Sweeping in scope, the AIO guide is very detailed on guidance for different technologies.

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How to Win Small Business Loans This Year

Abrigo

However, both of those approaches could hurt bank returns and potentially increase risk for the institution. Another option is to make small business lending more efficient and borrower-friendly so that the financial institution can win, process, and manage more loans without big increases in staffing or other expenses.

How To 195