Regulatory Compliance
Deposit accounts for everyone Over the last several years, the Consumer Financial Protection Bureau (CFPB) has, not so quietly, been actively pushing for changes...
This is the third post in a three-part series. Experian® is not a doctor. We don’t even play one on TV. However, because of...
There are two sides to every coin and in banking the question is often to you want to chase the depositor of that coin,...
This is the second post in a three-part series. Imagine the circumstances of a traveler coming to a never before visited culture. The opportunity...
Opening a new consumer checking account in the 21st century should be simple and easy to understand as a customer right? Unfortunately, not all...
This is the first post in a three-part series. You’ve probably heard the adage “There is a little poison in every medication,” which typically...
By: Mike Horrocks I am at the Risk Management Association’s annual conference in DC and I feel like I am back to where my...
By: Joel Pruis I have just completed the first of two presentations on Model Risk Governance at the RMA Annual Conference. The focus of...
By: Joel Pruis When the OCC put forth the supervisory guidance on model risk governance the big focus in the industry was around the...
Data quality continues to be a challenge for many organizations as they look to improve efficiency and customer...
By: Mike Horrocks The Wall Street Journal just recently posted an article that mentioned the cost of the financial regulations for some of the largest banks. ...
As part of its guidance, the Office of the Comptroller of the Currency recommends that lenders perform regular validations of their credit score models...
Julie Conroy – Research Director, Aite Group Finding patterns indicative of money laundering and other financial crimes is akin to searching for a needle in...
The security world was taken by surprise earlier this month when researchers discovered Heartbleed, a new large-scale threat that exploits a security vulnerability in......
By: Teri Tassara In my blog last month, I covered the importance of using quality credit attributes to gain greater accuracy in risk models. ...