Podcast: What Recent CCPA Updates Mean for Bankers
The California Consumer Privacy Act, which took effect at the beginning of 2020 and has had both regulatory and statutory...
Compliance and Risk
Data Analytics Can Help Banks Gain Market Share While Minimizing Risk
It’s vital to verify data across sources to create a comprehensive 360-degree view of specific businesses.
SBA Outlines Procedures for PPP ‘Loan Necessity’ Questionnaires
The Small Business Administration on Wednesday outlined procedures for lenders in handling the loan necessity questionnaires that SBA is requesting...
AI and Machine Learning Can Repurpose Humans, Not Replace Them
Four ways for banks to integrate emerging financial crimes technology.
ABA Urges FinCEN to Analyze Costs, Burdens of Foreign Correspondent, Private Banking Accounts
In a comment letter to the Financial Crimes Enforcement Network today, ABA urged FinCEN to conduct a “thorough and reflective...
Four Tips for Securing Digital Banking Channels
Application fraud and account takeover attacks have soared during the pandemic, but modern technologies enable secure and convenient banking
ABA Offers Recommendations for Improving AML Effectiveness, Efficiency
n a letter to the Financial Crimes Enforcement Network today, the American Bankers Association emphasized that “focusing on effectiveness and...
COVID-19: A Positive Disruptor to Expected Credit Loss Models
The current murky picture delivered by traditional data has forced an increased focus on new methods that better capture credit...
FSB Flags Third-Party Risk in New Consultation Paper
The Financial Stability Board today issued a paper on outsourcing and third-party risk management.
OCC: Pandemic, Low Rates Shape Risk Environment for Banks
The response to the coronavirus pandemic continues to shape the risk environment for banks, according to the OCC’s Semiannual Risk...
