You have heard the phrase “risk management” over and over again, but have you taken the time recently to step back and really think about what that means to your organization? Speaking as a board member of an organization for a moment, it’s my job to understand how my organization thinks about and manages risk. …
When your organization is looking at new technology, it’s easy to get caught in the weeds of evaluation, weighing pros and cons, testing vendors, and more. It’s an arduous process and, with the tech stack of an average business growing each quarter, one that won’t go away. The pandemic accelerated adoption of business technologies, some…
Ensuring your bank’s compliance function is effective and meeting expectations is of the utmost importance to regulators. This is evident through the design of the examination process and creation of a standalone regulatory agency focused on consumer compliance, in addition to an increasing number of regulatory changes and enforcement actions in recent years. With that…
