Post Tagged with: "regulations"

Compliance Burdens on FIs Increased 26% in 3Q

Compliance Burdens on FIs Increased 26% in 3Q

by November 20, 2014 at 11:53 am 1 comment

The third quarter saw a 26% rise in the compliance burden for FIs. This data arrives via the Banking Compliance Index, produced by Continuity Control, a New Haven, Conn.-based provider of a cloud-based compliance management system for community banks. The latest results of the index were announced Saturday, November 15.

Mobile Banking’s Boom in Danger as Security, Regs Risks Loom

Mobile Banking’s Boom in Danger as Security, Regs Risks Loom

by September 12, 2014 at 3:20 pm 1 comment

In a sense, things have never looked brighter for mobile banking. Apple’s announcement of Apple Pay is a huge step forward for mobile payments at the point of sale. But problems threaten.

OCC Issues New Guidance on Banks’ Third-Party Relationships

OCC Issues New Guidance on Banks’ Third-Party Relationships

by October 30, 2013 at 10:10 am 1 comment

Risk managers might want to add a little “Irish” to their coffee this morning. The Office of the Comptroller of the Currency issued new guidance for banks’ third-party relationships today, citing concerns about the growing complexity of financial institutions’ relationships with vendors. “We have concerns regarding the quality of riskRead More

MiFID II is coming – are you prepared?

by February 13, 2013 at 8:17 am 0 comments

After EMIR, Basel III and Dodd Frank, MiFID II is now on the horizon. Are you keeping up with the latest regulatory developments in the market? Alarmed by the impact of the latest financial crisis, regulators globally have released a set of new regulations. While most financial institutions are alreadyRead More

How Banks Can Get the Most Out of the Cloud

How Banks Can Get the Most Out of the Cloud

by November 27, 2012 at 1:39 pm 1 comment

Throughout the past year, the adoption of cloud technology has exploded among both large and small financial institutions in search of a solution to improve security, profitability and business continuity. There are still banks, however, that are apprehensive about making the jump to a new technology delivery system. Don’t getRead More