The latest from Ken Agle

Jul 28, 2017 - by Ken Agle, AffirmX

Presenting to the Board of Directors: What to say and how to say it

When someone asks, “what did you do over the weekend?” they don’t really expect you to give them every single detail. You’d tell them anything interesting, funny, or ...

Apr 24, 2017 - by Ken Agle, AdvisX

Beneficial ownership and the dark side of the moon

In the world of Bank Secrecy Act (BSA) and Anti-Money Laundering (AML), it all comes down to perspective. For many financial institutions, the perspective sometimes becomes locked down tight. Day ...

Mar 3, 2017 - by Ken Agle, AdvisX

Front-to-back AML validation: How to envision what you may be missing

For those of us who experienced a partial loss of vision at a relatively young age, we likely remember the day that we learned we needed glasses. The process typically ...

Dec 5, 2016 - by Ken Agle, AdvisX

Fair lending model validation: Strengthening your fair lending system

Pendulums tend to swing, and the Fair Lending pendulum is no exception. Over the last few years, with the transition of HMDA rulemaking to the Consumer Financial Protection Bureau, and ...

Oct 31, 2016 - by Ken Agle, AffirmX

The third dimension of anti-money laundering risk assessment

When I was young, a teacher shared an analogy that has always stuck with me. I can’t exactly remember what she called it, but I’ve taken to calling ...

Sep 28, 2016 - by Ken Agle, AffirmX

What credit unions can learn from BancorpSouth fair lending woes

BancorpSouth Bank, headquartered in Mississippi, took a $10.6 million misstep when its mortgage lending practices allegedly discriminated against African-American consumers. While the bank has not admitted to the allegations, ...

Jan 27, 2015 - by Ken Agle, AffirmX

When disaster strikes

If disaster struck your community right now, would your institution be ready? While no one wants to see the circumstances that would cause an institution to have to activate its ...

Sep 23, 2014 - by Ken Agle, AffirmX

For want of a nail: Know your customers

Various forms of the proverb date back as early as the 14th century. However, it was more firmly rooted in American culture when Benjamin Franklin included a version of the ...