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...

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...

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. ...

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...

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...

Businesses in the risk and compliance technology implementation phase should evaluate a variety of variables when selecting the optimal solution for their firm. This encompasses cost, usefulness, efficiency, and return on inve...