Insights for banks & credit unions
Risk, Compliance and Technology Thought Leadership Updates and Insights
Banks and credit unions connect fraud and AML risk signals through FRAML: defined fraud alerts and confirmed losses go to the BSA/AML team for a suspicious activity report decision, and AML findings such as money m...
Operational resilience metrics for US banks measure, for each critical operation and core business line, how long a disruption lasts against the tolerance the board approved, how fast recovery happens against the r...
Unified data supports compliance reporting by holding every obligation, policy, control, test, issue and piece of evidence in one connected record with shared identifiers, so a bank's board, management and examiner...
An audit-ready audit trail for a compliance program links each obligation to its control, the test of that control, any finding and its remediation, and the approval that closed it, with every step time-stamped, at...
A bank evaluating compliance reporting software should ask eight questions in three groups: Whether the reports cover every audience and every part of the compliance management system Whether each figure can be...
Examiners expect a bank's fair lending testing to cover the underwriting, pricing, steering, redlining and marketing risks its own risk assessment identifies, through comparative file review and statistical analysi...