ABA Risk and Compliance
 
 
 
 
November 11, 2022
Features
The value of ransomware-related BSA filings in 2021 approached $1.2 billion—a 188% increase compared to the previous year.
A customer-first approach has the potential to unlock serious growth.
SYSTRAN
Adopters of open banking can more effectively harden their security stance against future attacks, protect their data and customers with a holistic approach to API.
Banks are looking to leverage the growing name, image and likeness universe.
1071: What Does the Final Rule Mean for Small Business Lenders
Ncontracts®
The CFPB has released the final rule implementing Section 1071 of the Dodd-Frank Act. Ncontracts regulatory compliance experts have gone through all 800+ pages. Whether you're a commercial lender, compliance professional, or member of the C-suite, this webinar on Thursday, April 20, 2023 at 1pm CST will help you understand what the Section 1071 final rule means for your team and how to move forward with confidence. 
Register Now
Advertisement
 
Risk and Compliance News
The Financial Action Task Force has updated its lists of jurisdictions with strategic AML/CFT/CPF deficiencies, according to the Financial Crimes Enforcement Network.
The Federal Reserve will seek public comment on a proposal to publish a periodic list of depository institutions that have access to Fed accounts—often referred to as "master accounts"—and payment services, the agency announced.
Fenergo
Winnow Solutions, LLC
The Small Business Administration is proposing to lift the moratorium on the number of nondepository institutions—called small business lending companies—that may make loans under SBA’s Section 7(a) program, and to create a new type of SBLC called mission-based SBLCs.
The illicit finance risks posed by digital assets can be most effectively managed by regulating nonbank cryptocurrency companies while allowing banks to engage more fully in digital asset activities, where they will be subject to comprehensive regulation and Bank Secrecy Act requirements, ABA said in a letter to the U.S. Treasury Department.
Crisis Response Management: Decoded
Experian Partner Solutions®
In an age of infinite information where a company’s reputation can be destroyed in as little as 140 characters, it may seem difficult to bounce back from a crisis, but it is possible. Businesses that are prepared for natural disasters or other incidents can protect themselves from serious financial losses, and keep their reputation and customer loyalty intact, if they have the right tools.
Download this e-book to explore
Advertisement
 
Training

November 14
Webinar: Growing Significance of Digital Identities in U.S. Financial Services

November 22
Webinar: CECL Implementation FAQs: Progress as 2023 Approaches

December 5 - 7
Conference: ABA/ABA Financial Crimes Enforcement Conference
National Harbor, MD (D.C. Metro Area)

December 15
Webinar: Top Risks for Banks in 2023

January 19, 2023
Webinar: Banking Digital Currency