Successful information sharing will reduce the time it takes to interdict, stop and report criminal activity, boost customer trust and protect a brand’s reputation.
Browsing: Compliance and Risk
As the CFPB continues work on its Dodd Frank Act Section 1071 rulemaking—which relates to the collection of small business lending data—the bureau will hold two events in the coming weeks to discuss technical implementation of the rule’s reporting requirements.
The voluntary information collection resource was created to assist financial institutions in assessing their inherent cyber risks.
The Basel Committee on Banking Supervision today issued a newsletter focusing on credit risk, which has risen in recent months due to inflation and the COVID-19 pandemic.
Late fees for financial products, when charged appropriately, incentivize timely payment and good financial management, ABA and three other financial trade groups told the CFPB in response to a recent request for information.
Balancing user privacy and convenience is full of tradeoffs, but GA4 makes it easier than ever to find the right mix based on your customers’ desires and local regulations.
As a former engineer, Jennifer Schmidt brings an understanding of systems and integration to her work as a community bank chief compliance officer.
Banks are considering core platform changes as they face increasing technology-driven risks
Regardless of where your bank stands on environment, social or governance-related policies, banks have good stories to tell investors who care about ESG—and telling those stories may help with regulatory compliance.
Innovations in account registration have given fraudsters just as much convenience as customers. Although check use is not as common in the digital age, fraudsters utilize checks as a convenient medium to exploit banks and their customers.