PYMNTS

OCTOBER 31, 2016

The OCC, according to WSJ , noted the compromise hasn’t “adversely affected” the agency’s internal operations. which has prompted lawmakers to spend part of 2016 looking into shortfalls in FDIC cybersecurity policies. The former employee was identified as a retiree, noted the report.

Data 100

Data FDIC Policies Report 100

Abrigo

NOVEMBER 9, 2022

How has CECL implementation impacted their operations and reserves for credit losses? CECL's impact on operations. Prepare documentation—policies and procedures—as you go. Banks regulated by the Federal Reserve, the OCC, or the FDIC made up the bulk of institutions represented by survey-takers (73%). Fraud Prevention.

Survey 195

Survey Software Resources Meeting 195

Jeff For Banks

MAY 16, 2015

We don't want to be criticized that our Board was uninformed, so that little embarrassment about the audit exception that turned into employee fraud is on page 262 of your Board report. Other business such as approving policy changes, large/exception credits requiring Board approval as per policy. You mean you didn't see it?

Report 60

Report Policies Risk Management Meeting 60

Independent Banker

DECEMBER 13, 2015

The bank’s assistant vice president for cybersecurity and data security policy, he says the tool “gives you another window to look at what you have, to qualify and quantify your risk.”. These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

The bank’s assistant vice president for cybersecurity and data security policy, he says the tool “gives you another window to look at what you have, to qualify and quantify your risk.”. These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 25, 2015

Unlike highly regulated, FDIC-insured banks, which are subject to strict, expensive security standards designed to protect consumers’ sensitive information, FinTech companies are barely regulated and seldom examined. See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.).

Community Bank 70

Community Bank Community Analytics Lending 70

CFPB Monitor

NOVEMBER 22, 2022

While the report does not address “true lender” challenges in bank/fintech lending relationships, it does discuss the risk of “so-called ‘rent-a-charter’ schemes that market themselves as innovative fintech lending platforms, but operate with essentially the same harmful business model as a traditional payday lender.”

Fintech 78

Fintech Report Data Lending 78

Independent Banker

SEPTEMBER 25, 2014

As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”. increased operational risks. From a “safety and soundness perspective, banks have really focused on strengthening their balance sheets.”.

Compliance 101

Compliance Regulation Community Bank Community 101