Perficient

SEPTEMBER 16, 2022

The letter highlighted mandatory compliance with the following federal regulations: The Bank Holding Company Act. Additionally, the Federal Reserve’s Supervisory Letter also encourages financial institution executives to notify their state regulators prior to engaging in any crypto-asset-related activities. The Home Owners’ Loan Act.

Compliance 275

Compliance Risk Management System Regulation 275

Abrigo

FEBRUARY 10, 2023

Keep leadership informed on AML/CFT trends to ensure a strong culture of compliance at your financial institution. Introduction Corporate Transparency Act guidance FinCrime professionals have been on high alert for new regulations since the Anti-Money Laundering Act of 2020 (AMLA) was signed into law, but updates have been slow to arrive.

Fraud 195

Fraud Training Regulation Compliance 195

CFPB Monitor

NOVEMBER 21, 2022

The CFPB has released the Fall 2022 edition of its Supervisory Highlights. Accordingly, this represents the first edition of Supervisory Highlights in which all of the examinations discussed in the report took place under the leadership of Director Chopra. Credit card account management. Auto servicing. Mortgage origination.

Report 78

Report Cards Lending Management 78

CFPB Monitor

MAY 4, 2022

The CFPB has released the Spring 2022 edition of its Supervisory Highlights. Accordingly, many of the examinations discussed in the report would have taken place under the leadership of former Acting Director Uejio. Credit card account management. Key findings by CFPB examiners are described below. Auto servicing.

Cards 78

Cards Report Management Policies 78

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. If only it were so easy.

Compliance 109

Compliance FDIC Strategy Fintech 109

CFPB Monitor

AUGUST 5, 2021

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

Data New York Leadership Industry 78

Abrigo

FEBRUARY 8, 2024

consumers lost more than $7 billion during the first three quarters of 2023, up 5% compared to the same period in 2022. Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior. The Federal Trade Commission (FTC) reports that U.S.

Fraud 195

Fraud Resources social media Software 195

Abrigo

MARCH 4, 2022

Financial institutions can prioritize their approach to patch and vulnerability management by using this resource to prioritize remediation of known risks. Leadership should ensure business units within the financial institution practice tabletop exercises related to business continuity in case critical systems become unavailable.

Exercises 195

Exercises Leadership Fraud Resources 195

CFPB Monitor

FEBRUARY 10, 2021

The MOU adds to the current collaboration framework and does not replace existing MOUs between the agencies and state regulators. The chief data officers from each agency will also meet semiannually to facilitate information sharing and data management.

Training 78

Training Compliance Meeting Leadership 78

FICO

JANUARY 5, 2023

Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. regulators take a major step in addressing the emerging open banking landscape. Several groups have also called for comprehensive industry regulation. Four 2023 U.S.

Policies 52

Policies Company Regulation Risk Management 52

FICO

NOVEMBER 7, 2022

US regulators seem poised to update the status quo for bank liability for authorized user/authorized push payment fraud, but just how big is the potential? Mon, 11/07/2022 - 09:50. You never know when you’ll get a text from your leadership about testifying in front of the Senate! FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud US Payments South Carolina 52

FICO

JANUARY 18, 2023

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.

Analytics 52

Analytics San Diego Regulation Compliance 52

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. The Bank Regulator Working for Merchants Award!

Fintech 194

Fintech Community Regional Technology 194

Independent Banker

JUNE 30, 2022

We had plenty of women in leadership roles; we had a couple of women on our board. and Inclusion: The Millennial Influence,” Deloitte University Leadership Center for Inclusion, 2015. She realized her workplace needed to take a closer look at diversity, equity and inclusion, and she wanted to play a role in making that happen. “We

Community Bank 91

Community Bank Community Leadership Millennials 91

Gonzobanker

DECEMBER 17, 2021

Then right back to the impossible in 2022. Congrats to Randy and a great management team. After leading a great and vibrant organization at Andrews Federal Credit Union, Jim and his family have taken on a new adventure, and the Gonzo team is confident Jim’s ambition and transparent leadership style will be welcome in Raleigh, N.C.

Fintech 143

Fintech Strategy Leadership Lending 143

CB Insights

JULY 23, 2020

While corporate tenants and building management may have different policies, having the proper tools and procedures in place to screen employees and visitors will be crucial to policy enforcement. Wellness checks are not fail-proof, especially considering the FDA’s loosening of regulations around thermal camera systems.

Meeting 101

Meeting Tools Survey Company 101