Abrigo

AUGUST 7, 2023

Assessing and preparing for staffing needs AML and fraud compliance is an essential obligation for financial institutions. Safeguarding the integrity and effectiveness of a financial institution’s anti-money laundering (AML) program is paramount to ensuring regulatory compliance and detecting illicit activity. We have your back.

Training 195

Training Fraud Leadership Resources 195

Abrigo

MAY 24, 2024

This blog outlines five essential steps and considerations for an effective FedNow implementation. Compliance measures: Ensuring adherence to Reg CC and FedNow operating procedures. Show your board of directors and leadership an outline of what it will take to prepare for FedNow at your institution.

How To 243

How To Fraud Resources Georgia 243

CFPB Monitor

FEBRUARY 2, 2017

I am pleased to announce that under the leadership of my partner Peter Hardy, Ballard Spahr has launched Money Laundering Watch , a new blog focused exclusively on money laundering issues to keep you informed of the latest developments in enforcement, compliance, and policy. Kaplinsky.

Policies 60

Policies Compliance Leadership Fraud 60

Perficient

FEBRUARY 12, 2021

My previous blog covered how HR and technology can help improve your employee engagement through artificial intelligence. This blog explores how leadership can help kick off their commitment from the new hire’s onboarding stages. Helping bridge the transition is the onboarding process.

Conference 340

Conference Video Branding Meeting 340

Abrigo

JUNE 2, 2021

Does it address a “culture of compliance”? Culture of compliance. FinCEN issued an advisory in 2014 highlighting the importance of a strong culture of compliance for senior management, leadership, and owners within financial institutions. This includes compliance from top, to middle, to frontline leadership.

How To 195

How To Training Compliance Policies 195

Abrigo

DECEMBER 8, 2021

Set board expectations The board plays an integral role in creating a culture of compliance. Provide a copy of the FinCEN Advisory during the training. Use OFAC FAQs Use Treasury OFAC FAQs to gather basic information, then discuss how your bank complies. Download the BSA Examination Checklist. Watch Webinar. Keep Me Informed. BSA Training.

Training 195

Training Resources Video Compliance 195

Abrigo

DECEMBER 30, 2019

Institutions must create a strong culture of compliance. Creating a Culture of Compliance. One of the more important takeaways from 2019 is that all institutions, regardless of size or risk profile, must have a strong culture of compliance, as directed by FinCEN’s advisory in 2014. Looking back to strengthen your BSA program.

Training 195

Training Compliance Leadership Fraud 195

CFPB Monitor

MAY 26, 2022

Under Director Chopra’s leadership, the CFPB has regularly been sounding alarms about the potential for discrimination arising from the use of so-called “black box” credit models that use algorithms or other artificial intelligence (AI) tools.

Compliance 143

Compliance Regulation Leadership Technology 143

Abrigo

JUNE 27, 2024

Read this blog to learn the definition of structuring, why it is illegal, and some examples of structuring scenarios that can help banks understand customer behavior and intent. Show your board of directors and leadership an outline of what it will take to prepare for FedNow at your institution.

Examples 221

Examples Fraud Report Training 221

Chris Skinner

JUNE 21, 2017

This is part of the reason I challenge bank leadership teams. Bank leadership teams tend to be dominated by male baby boomers. They understand the nature of boom and bust, of risk and audit, of compliance and regulation. appeared first on Chris Skinner's blog. Do they understand the digital age?

Millennials 248

Millennials Leadership Fintech Compliance 248

PYMNTS

SEPTEMBER 17, 2020

Levey added that he is confident that Emmett’s “leadership will help make Libra's vision a reality.". “I Libra Association, launched in June 2019, describes itself as an “independent member organization.” “The success of the Libra project lies with the extended community that supports it,” noted an organization blog post.

Management 142

Management social media Leadership California 142

Abrigo

JUNE 10, 2020

LaFontaine failed to take sufficient action when presented with significant AML program deficiencies in the Bank’s SAR-monitoring system and the number of staff to fulfill the AML compliance role by his AMLO [AML Officer],” the document said. If you don’t have compliance from the top down, document it, and look for another job,” she says.

Resources 195

Resources Regulation Compliance Policies 195

Perficient

OCTOBER 7, 2024

Introduction A quick summary of the new official digital sign requirement of the FDIC is that effective January 1, 2025, this logo: must be replaced by this logo: For readers who missed part 1 of this series or want to reread the original blog can find it here. 12 CFR § 328.5(d).

FDIC 221

FDIC Mobile Meeting Examples 221

Cisco

JANUARY 24, 2023

The prior blogs in this series, listed at the bottom, have discussed the various regulations affecting CIOs and their IT organizations. The purpose of this blog is to discuss a few ways in which tooling and automation capabilities can be used to satisfy the asset management requirements of the FFIEC Operations Guide.

Meeting 91

Meeting Regulation Management Technology 91

Abrigo

MAY 20, 2022

Last April, the FDIC released an Interagency Statement titled Model Risk Management (MRM) for Bank Models and Systems Supporting BSA/AML Compliance. Evaluating Leadership. Model Risk Management in the spotlight. What regulators look for in top-down guidance. Learn what to expect from an independent model validation. keep me informed.

Risk Management 195

Risk Management Management FDIC Meeting 195

CFPB Monitor

MAY 17, 2021

The CFPB brought nine enforcement actions in 2020 against lenders allegedly engaged in similar activity in violation of the Mortgage Acts and Practices – Advertising Rule (MAP Rule), and Regulation Z (see our blog posts here , here , here , and here ). First, the Office intends to continue to closely monitor MLA complaints.

Report 78

Report Compliance Leadership Analysis 78

Gonzobanker

APRIL 8, 2020

If it’s full of industry acronyms, wonky terms or compliance-ese, or if it comes across as a cheesy sales pitch, it needs to be rewritten. The brutal truth is that while banks cannot outsource the leadership of content, they can (and many probably should) outsource aspects of content.

Leadership 160

Leadership Analytics System Digital Banking 160

Accenture

OCTOBER 10, 2017

Bank leadership can make such ownership concrete by creating a framework for rewarding managers based on successful cost management. Though not a new concept, zero-based budgeting is becoming more critical as rates and yield curves rise, compliance costs increase and new agile, digital-native contenders emerge.

Leadership 192

Leadership Management Data Analysis 192

Abrigo

NOVEMBER 18, 2016

As the leadership at community banks and credit unions consider whether expanding CRE lending is for them, there are some basics of CRE that are worth remembering.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Abrigo

OCTOBER 4, 2016

As the leadership teams at many banks and credit unions perfect plans to grow their loan portfolios, management can depend on several key metrics to measure the effectiveness of their plans and execution. Prior to finalizing marketing strategy, consider which resources are available and the desired timeframe.

Resources 236

Resources Marketing Strategies Strategy Community 236

CFPB Monitor

OCTOBER 18, 2018

Under the section of the associated blog post entitled “Future Planning” appears the following statement: “The Bureau is considering future [rulemaking] activity with regard to specific areas of consumer financial law of significant public interest. We blogged about the HUD rulemaking most recently here.

Leadership 74

Leadership Lending Regulation Community 74

Cisco

MAY 10, 2022

Dan Nadir, Chief Product Officer at Theta Lake, discusses solving the security and compliance challenges of hybrid work. For year-round thought leadership, check out our FSI blogs. Amsterdam, Netherlands, February 6-10, 2023.

Las Vegas 125

Las Vegas Industry Leadership Technology 125

Accenture

JULY 20, 2017

Internal and external drivers are focusing these programs on cost control, improving the customer experience, digitisation and compliance. The post Discover how your bank can become a change master appeared first on Accenture Banking Blog. To learn more, read our full 2017 Banking Change Survey.

Survey 218

Survey Strategy Digital Strategies Leadership 218

Cisco

OCTOBER 2, 2020

Key questions being addressed include: What parts of the business represent the greatest opportunity to reclaim EBITDA – cybersecurity, default prediction, compliance penalty reduction? The post Competitive Advantage in the Next Normal – Business Resiliency, Analytics & Predictive Modeling appeared first on Cisco Blogs.

Analytics 120

Analytics Data Leadership Strategy 120

FICO

JANUARY 18, 2023

Industry Leadership in Artificial Intelligence Already Exists. . Having worked closely with business leaders in banking and financial services for decades, I have a deep respect for their rigor in achieving regulatory compliance in a multitude of areas. chevron_left Blog Home. The State of Responsible AI in Financial Services.

Analytics 52

Analytics San Diego Regulation Compliance 52

CFPB Monitor

OCTOBER 26, 2018

Earlier today, the Bureau of Consumer Financial Protection released a Public Statement Regarding Payday Rule Reconsideration and Delay of Compliance Date. This treatment of card payments can only be ascribed to the hostility to high-rate lending characteristic of the former leadership of the Bureau.

Compliance 60

Compliance Texas Leadership Industry 60

Cisco

OCTOBER 4, 2022

This blog is intended to provide a summary to cover a few aspects of this booklet, while providing reference for additional information. Chief Data Officer – role includes defining data strategies that are able to meet the organizations needs consistently while being able to meet compliance and security objectives. In Summary.

Operations 118

Operations Software Risk Management Management 118

Insights on Business

MAY 2, 2019

Through our many daily interactions we have been witness to a wave of patterns forming that are changing the face of governance, risk and compliance (GRC). As such, organizations are coming to the conclusion that they need a consistent, cross-discipline, cross-process view of risk and compliance. and “how much impact will they have?”

Compliance 98

Compliance System Analytics Data 98

CFPB Monitor

MARCH 17, 2022

Consistent with expectations that the CFPB under Director Chopra’s leadership would take an expansive view of its statutory authorities, the CFPB has announced its intention to use its authority to prohibit unfair, deceptive, or abusive acts or practices (UDAAPs) to target discriminatory conduct, even where fair lending laws may not apply.

Policies 78

Policies Analysis Marketing Leadership 78

FICO

MAY 24, 2021

Responsible AI has been one of my big topics for a few years now, the subject of many articles, blogs and talks I’ve given to audiences around the world. To drive the responsible use of AI in their organizations, senior leadership and boards must understand and enforce auditable, immutable AI model governance.

Study 98

Study Leadership Regulation Analytics 98

Abrigo

JULY 17, 2017

He is also sharing tips for ensuring compliance with overarching consulting services standards in the accounting profession. He encourages the use of frameworks that help identify who in the firm has skillsets related to leadership, communications and technology.

Honolulu 150

Honolulu Taxes eBook Leadership 150

Abrigo

SEPTEMBER 2, 2015

Firms are pushing to add business advisory services to complement their compliance services. It’s not that this generation is lazy, 64 percent of them are “willing to work harder and accept stress to have a shot at leadership.”

Millennials 150

Millennials Training Survey United States 150

Insights on Business

DECEMBER 15, 2015

By embracing five principal capabilities, traditional banks can accelerate the changes they must make to prepare for ecosystem leadership. Risk management, compliance and security : incorporating enterprise risk management is already a key concern and it will only grow more important.

Risk Management 70

Risk Management Analytics Big Data Leadership 70

FICO

JANUARY 4, 2018

Judging from the views on the FICO Blog, risk professionals are keenly interested in new ways to approach risk analytics. Here were the top 5 posts of 2017 in the Risk & Compliance category: US Average FICO Score Hits 700: A Milestone for Consumers. What were some of the most interesting risk analytics topics last year?

Analytics 58

Analytics Data DC Millennials 58

PYMNTS

JULY 11, 2017

Lowthers told PYMNTS about his innovation process and how it has shaped his personal journey as well as his leadership at FIS Global. I also use Twitter and industry-related blogs to keep my thumb on what’s happening, as well as our client advisory board meetings and think groups.

Innovation 101

Innovation social media Security Leadership 101

Insights on Business

SEPTEMBER 21, 2018

On Sunday from 10:00 to 10:30 AM, Chris Sidler, Managing Director at Promontory Financial Group will be discussing the emergence of RegTech and the future of regulatory compliance in the Future Forum at Bellini Ballroom, Level 2. Stay tuned for more blogs on Money20/20 ! ————-.

Conference 115

Conference Customer Experience Industry Trends 115

CFPB Monitor

MARCH 14, 2019

We discussed the Bureau’s auto loan servicing findings in a separate blog post. In this blog post, we focus on the Bureau’s additional findings. It represents the CFPB’s second Supervisory Highlights covering supervisory activities conducted under Mr. Mulvaney’s leadership.

Taxes 68

Taxes Leadership Policies Exercises 68