360factor Blog
Delivering Instant Banking Through GRC to Meet Customer Needs
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...
Culture Remains One of the Most Important Factors in Improving Compliance and Risk Management
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...
Keynote address at the 13th Annual Audit Conference highlights the importance of audit technology
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...
Governor Michelle W. Bowman Talks About Lowering Regulatory Compliance Requirements for Community Banks
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...
How Workflow Automation Increases Productivity Exponentially
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...
Federal Regulators Issue Joint Statement Encouraging BSA/AML Technology Innovation
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...