Abrigo

NOVEMBER 17, 2023

Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense. The second pillar concerns the cost of technical and human resources dedicated to fraud prevention, detection, and remediation.

Fraud 195

Fraud Training Trends Compliance 195

Abrigo

APRIL 1, 2015

McGrane and Hilsenrath also noted that following the push for higher capital cushions, “regulators are now focusing on corporate governance and the role of directors to ensure banks have the right culture and controls to prevent excessive risk taking.” What about liquidity risks, interest rate exposure and IT security threats?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

Jeff For Banks

OCTOBER 29, 2016

For example, when onboarding a customer, an FI can perform needs assessments, risk assessments (needed for risk management purposes), and customer capital allocation needs all at once, and add value to the customer relationship. We should start with ourselves. We under-invest in the people that can build our bank.

Training 60

Training FDIC Community Resources 60