ABA Risk and Compliance
 
 
 
 
October 15, 2021
Combating Mobile Banking Fraud: The First Line of Defense
Nice Actimiz®
Today, you would be hard-pressed to find an average customer who doesn’t conduct their banking through digital channels. Even more so now with the convenience of mobile banking, where it’s quickly becoming the preferred method of banking, due to the ease and convenience found at the tip of your fingers.
Click here to learn more
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Features
Climate change is a big issue, but compliance officers are adept at issue management. Start with root cause analysis.
Fraudsters are leveraging many financial institutions’ own generation-targeted marketing schemes and product offerings to target widely different groups of consumers.
Asurity Technologies
International Monetary Fund
WHY YOUR BANK NEEDS A CMS
Ncontracts
Regulators have been emphasizing the importance of a strong and effective Compliance Management System. This whitepaper will walk you through the basics of a CMS while offering practical advice on how to ensure your CMS supports your strategic goals.Takeaways include:
·A primer on CMS requirements
·4 key elements to prioritize when designing or updating a CMS
·7 CMS features that should align with your bank’s goal and structure
·Examples of failed CMSs and compliance controls
CLICK HERE TO DOWNLOAD AND LEARN ABOUT OUR CMS SOFTWARE
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Risk and Compliance News
ABA has encouraged the FDIC to maintain flexibility as it thinks about how best to conduct exams post-pandemic.
The Federal Housing Finance Agency has announced that it will raise Fannie Mae and Freddie Mac’s 2022 caps for multifamily lending to $78 billion for each GSE—up from $70 billion in 2021—for a combined total of $156 billion.
ABA VP Jonathan Thessin covers what banks need to know about the Biden administration’s COVID-19 action plan, which includes new employer-level vaccination mandates and testing requirements for employees not vaccinated against COVID.
Abrigo
A10 Networks, Inc
ABA has requested that the Department of Labor extend the Dec. 20, 2021, compliance date regarding an investment advice exemption.
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
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Training

October 18 - November 3
Virtual School: Compliance School – Foundational

October 20
Webinar: Combining Cyber and Physical Security to Protect Your ATMs

October 21
Webinar: CFPB Regulation F on Debt Collection: How to Approach Compliance 

October 26
Webinar: Cybersecurity: A Critical Component of the Distributed Cloud

October 27
Webinar: Ten Key Steps in a Cyber Incident Response

December 16
Webinar: Risk Management: Takeaways From 2021 and What to Watch for in 2022

2022
January 11 - 13

Virtual Conference: ABA/ABA Financial Crimes Enforcement Conference

January 30 - February 2

Conference: Insurance Risk Management Forum
Omni Amelia Island Resort, Fernandina Beach, FL