360factors Blog

Risk, Compliance and Technology Thought Leadership Updates and Insights

360factor Blog

Delivering Instant Banking Through GRC to Meet Customer Needs

February 25, 2019 Paul Dempsey

Every smart business knows that a business needs to evolve along with its customers to truly succeed. Businesses that fail to evolve tend to be left behind. There are hundreds of businesses which were ubiquitous until they suddenly b...

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Culture Remains One of the Most Important Factors in Improving Compliance and Risk Management

February 21, 2019 Sarah Hamilton

We have written about the importance of having the right culture before, and so have other prominent publications like Quartz. Culture is often found to be a major factor in scandals related to risk, compliance and accounting. Ju...

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Keynote address at the 13th Annual Audit Conference highlights the importance of audit technology

February 21, 2019 Bobby ONeal

The Ensuring Integrity: The 13th Annual Audit Conference took place in December of 2018. The conference is attended by experts, innovators, leaders, students, and businesses. These stakeholders discuss the challenges being faced by au...

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Governor Michelle W. Bowman Talks About Lowering Regulatory Compliance Requirements for Community Banks

February 20, 2019 Sarah Hamilton

Community banks were happy about Governor Michelle W. Bowman taking office and becoming a member of the Board of Governors of the Federal Reserve System in November 2018. Community banks were happy because they were hoping for a bette...

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How Workflow Automation Increases Productivity Exponentially

February 20, 2019 Bobby ONeal

Businesses today are more productive than they were ever before, largely thanks to technology. The pace of business has increased exponentially. We can see this in every industry around us. It used to take multiple days to complete ba...

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Federal Regulators Issue Joint Statement Encouraging BSA/AML Technology Innovation

February 19, 2019 Sarah Hamilton

Fintech companies have developed innovative AI based solutions that can help banks improve their BSA/AML compliance measures, but banks are hesitating to experiment with the new solutions. Banks are hesitant because the banking indust...

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