The Crucial Role of Data in Financial Institutions
Data collection is easy, using it well is hard. For finance, data fuels innovation, guiding decisions, growth, and risk mitigation.
AI’s True Value in Banking
For banks, artificial intelligence holds significant opportunity in two areas: sales and marketing, and risk management.
New Bank Guidance: Regulators Share Direction on Third-party Risk Management
Regulators share direction on risk management strategies for banks when partnering with third-party organizations.
CFO Insights after the SVB Collapse
This blog will help CFOs and business leaders understand what led to the Silicon Valley Bank collapse, what to do next, how to protect their companies from similar risks, and what to expect going forward.
Financial Services Organizations Should Monitor and Refresh CECL Models
Financial services organizations that are further along in their CECL journey should examine how their CECL model is already working.
Economic headwinds: Financial Institutions
The financial institutions ecosystem is in a unique position as the economy works through the current inflationary phase.
BSA/AML and OFAC risk assessment: Best practices for financial organizations
BSA/AML and OFAC risk assessments can help alleviate concerns for financial organizations. Develop a strategy for BSA/AML and OFAC compliance.
Whitepaper | Financial Institutions and the Phase Out of LIBOR
We have updated our white paper regarding the fundamentals of LIBOR phase out and transition for financial institutions.
Detecting and Preventing Fraud for PPP Loans
With the extension of the PPP application, lenders should continue to be vigilant about the increased risk of fraud.
Credit Unions and the Rise of COVID-19 Financial Fraud
In the wake of COVID-19, financial institution fraud is on the rise thanks to a mostly virtual environment and exposed vulnerabilities in organizations’ security systems and processes. Developing awareness of the types of fraud schemes is an important part of mitigating and lowering the risk.