How Banks Become Better Marketing Agency Clients
Every time your bank works with another organization is an opportunity to help each other get better.
Browsing: Vendor relations
Fed to Publish Interagency Fintech Partnership Guide
In response to feedback from banks and fintech providers, the Federal Reserve, working with other financial regulatory agencies, is developing a fintech vendor due diligence guide for community banks, that would provide specific information about the documents and information they need to successfully complete their due diligence obligations, Federal Reserve Governor Michelle Bowman said in a speech today.
Compliance Modularity: A Path to Efficiency
A small shift in how you think about your vendors can make a big difference.
ARRC Release Vendor Timeline, Best Practices to Support SOFR Transition
As part of its ongoing efforts to support the financial industry’s transition away from the London Interbank Offered Rate, the Alternative Reference Rates Committee today released a timeline and best practices for industry vendors in supporting the change to the Secured Overnight Financing Rate.
How to Talk About Your Bank’s Fintech Collaborations
Marketing messages differ, based on bank objectives and partnership model.
ABA Issues Recommendations to Promote Responsible Financial Data Sharing
In a statement submitted for the record in tomorrow’s House Financial Services Committee fintech task force hearing, ABA highlighted the importance of protecting consumers when they choose to share their financial data with third parties.
Thurlow Describes Innovation Journey, Core Advocacy
In keynote remarks last night at the St. Louis Fed’s community banking research conference, bank CEO Julieann Thurlow outlined Massachusetts-based Reading Cooperative Bank’s innovation journey and how it improved financial inclusion in the communities it serves.
Is Your Bank Reviewing Its Technology Contracts?
Recent FDIC guidance points to steps banks can take to beef up their vendor agreements.
Top Bank Risks in 2018
Cyber, third parties and regulatory changes continue to top the list.
OCC Addresses Bank Collaboration, Fintech in Vendor Risk FAQs
Responding to several questions flagged by ABA, the OCC today issued a set of frequently asked questions to help bankers implement the agency’s 2013 guidance on managing risk associated with third-party relationships.