Podcast: Trends and tips for preventing grandparent scams
Grandparent scams are a particularly pernicious fraud, one that preys on seniors' love, care and concern for their family members....
Compliance and Risk
Court overturns HMDA reporting threshold for small entities
A federal judge recently moved to vacate CFPB regulations that expanded the number of small-volume lenders deemed exempt from Home...
Regulators stress importance of third-party due diligence
The FDIC is “working diligently” to issue updated guidance to financial institutions on third-party risk management, the agency’s Associate Director...
Banking agencies signal new ‘living will’ guidance for large banks
The Federal Reserve and the FDIC will issue guidance on so-called “living wills” for banks that are considered “Category II”...
Treasury announces new sanctions in wake of Russian annexation of Ukrainian territories
Following Russian President Vladimir Putin’s announcement that he would illegally annex four Ukrainian territories, the Treasury Department’s Office of Foreign...
Tailoring hybrid and remote work key to attracting and retaining talent
“I don't see us ever as a nation going back to a one size fits all approach, in banking or...
One in 10 community banks planning to launch crypto services
Insights from the 2022 Federal Reserve/CSBS survey of community banks.
Fed seeks feedback on proposed updates to FMU risk management requirements
The Fed said that broad operational risk, technology and regulatory landscape in which FMUs operate has “evolved significantly” since requirements...
Banks’ pursuit of fintech partnerships requires optimizing change management
“The crux of the issue is that ultimately the bank has to have a strong oversight and management system.”
A smart investment: Extending ESG values to customer service
With the right training and tools, contact centers can be a central element of a bank’s strategy to affirm its...
