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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. • Security measures to deter and detect cyber-attacks.

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Super apps: The rise of an all-in-one platform

Independent Banker

But with these benefits come newfound threats, chiefly in the form of data privacy and security. So, what does this intersection of regulation and technology competition mean for community banks? Super apps create an environment for community banks to emphasize where they excel: in safety, security and banking relationships.

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More Gain, Less Pain

Independent Banker

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. No one knows yet how in-depth the regulators might want those assessments.”. Understand your bank’s IT network and its operations,” says Hamilton.

Tools 70
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More Gain, Less Pain

Independent Banker

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. No one knows yet how in-depth the regulators might want those assessments.”. Understand your bank’s IT network and its operations,” says Hamilton.

Tools 70
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The community bank’s complete guide to building trust

Independent Banker

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. Penetration testing, or pen testing for short, has become a staple of bank IT security programs because hacking threats are constantly evolving. Elizabeth Judd.

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Efficiency now: 8 smart strategy tips

Independent Banker

Regulators made no bones about the fact that a number of additional rate hikes are likely to happen this year. During the pandemic, the Fed bought up massive numbers of mortgage-backed securities, with banks enjoying unprecedented sales levels and gain on sales margins. Rightsize mortgage departments. Strengthen controls. Connors, Jr.,

Strategy 135
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The Fastest Path To Faster Payments In The US

PYMNTS

doesn’t have to be paved with a 500+ person task force analyzing what the world would look like if we were starting from a clean sheet of paper, competing propositions for who’s going to build and operate a new set of rails, or even what sort of spiffy software can make existing rails faster. The path to faster payments in the U.S.

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