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Change management in banks and credit unions: A key to success

Abrigo

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. This article describes recent comments by financial regulators about managing change.

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Spreedly Adds Banking Exec As Chief Information Security Officer

PYMNTS

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. Hudel’s role will be to help boost cyber protection for customers.

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The FFIEC’s Architecture, Infrastructure, and Operations book

Cisco

It is an update to the 2004 Operations book, and links the different processes of Architecture, Infrastructure, and Operations (AIO) into a cohesive framework for auditors to assess. In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems.

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Model Risk Management: Regulatory Priorities and Best Practices

Abrigo

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. . FDIC Update.

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Bernhard Kaiser Joins Fides as Chief Information Officer

Bobsguide

IT leader brings extensive payments and project management experience to multibanking firm. the global leader in multibank connectivity and communications, has announced the hire of Bernhard Kaiser as the firm’s new Chief Information Officer. Fides Treasury Services Ltd. ,

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Equifax Confirms It Sent Out Letters To Hack Victims With Wrong Information

PYMNTS

CNBC, citing Equifax, said a “small percentage” of letters went out with incorrect personal information. consumers whose partial driver’s license information had been taken and that we would notify these newly identified U.S. Over the weekend, one person received a letter from Equifax which had the correct address but incorrect name.

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Helping Nonprofits Embrace Cash Management

PYMNTS

The following Deep Dive analyzes the spend management challenges these charitable and humanitarian groups face, as well as how workforce spend management and electronic procurement tools could help them more effectively manage their expenses. . Spend Control Challenges And Solutions.