Ncontracts News Archives

7 fair lending risks you need to know right now

7 fair lending risks you need to know right now

Fair Lending compliance is a hot button issue, making it critically important that your institution has a clear sense of its fair lending risk exposure. From the Office of the Comptroller of the Currency’s ([...]

3 post-pandemic trends in digital banking

3 post-pandemic trends in digital banking

The trend of moving to digital transactions that started during the pandemic shows no signs of slowing down. In the first quarter of 2022 alone, digital active users at Bank of America alone grew to [...]

FinCEN warns of elder financial exploitation

FinCEN warns of elder financial exploitation

This post summarizes information provided by FinCEN on June 15, 2022. To read its complete advisory, visit Elderly Financial Exploitation Advisory (fincen.gov). In support of World Elder Abuse Awareness Day, FinCEN issued an advisory [...]

4 areas of focus for evaluating cloud-based vendors

4 areas of focus for evaluating cloud-based vendors

Cloud adoption has been ramping up for the last several years, with financial institutions even migrating some core processes to the cloud and developing cloud-native apps. Post pandemic, bankers are accelerating those plans, especially as [...]