360factor Blog
The FinTech Approach to Compliance Management
FinTech has revolutionized the financial sector globally in just a few years. FinTech apps used to be limited to a single function initially, but new FinTech offerings include many banking-adjacent services. The appeal to...
Increase Operational Efficiency and Productivity with Better Business Policy Management
Business policies are an important tool to ensure that the business operates at maximum efficiency. Written in these policies is the blueprint for the whole organization’s expected behavior, role, and reporting. Properly defined a...
What the OCC’s Acting Comptroller’s Speech Tells Banks
Michael J. Hsu, the Acting Comptroller of the OCC gave a great speech (pdf link) to the American Fintech Council on November 21 that has many insights for bankers across the country. The speech is important because it sho...
2022 – A Landmark Year for Regulatory Change in Banking and Financial Services
Regulatory change Management (RCM) has never been easy for financial institutions, and its complexity is increasing in 2022. This year is poised to be the year of significant regulatory change at the federal and state level. ...
How Risk and Compliance Technology Makes FIs More Secure
Data security is essential for all businesses, but its criticality is increased manifold in the financial sector. Financial Institutions (FIs) have access to private details of their clients to a level comparable only to th...
How Compliance and Risk Technology Enhances Collaboration Throughout the Organization
Employees at various levels within the organization have diverse responsibilities regarding risk and compliance management. Still, each of them must perform their assigned duties to minimize risks and assure compliance success...
