Effective risk management is an essential element for success in today’s banking environment. Regulators, shareholders, and customers are counting o ...
Bank Imaging Quality Control
Quality control must be a vital component of any risk management process - especially in today’s tech-driven banking environment. Document imaging ...
Retention: Not All Document Management Systems are Created Equal
Not all document management systems are created equal - especially when it comes to ensuring compliance with your retention policy. In this post, w ...
Automating Compliance for Your Bank Retention Schedule
“Steve, it’s that time of the month again. We need you to go down into storage, find the records set for destruction, and shred them.” As you desce ...
Managing Currency Transaction Reports
Mr. Wallace stopped by your Main Street branch this morning – just as he does every Friday morning. However, unlike most of Mr. Wallace’s visits, he b ...
Managing the Beneficial Ownership Certifications
May 11th marked the compliance date for FinCEN’s final rule on CDD (customer due diligence). The rule places additional requirements on certain fin ...
Tax Returns: Open the Flood Gates
April 15th is an all-too-familiar date for the business owners that your bank serves. For sole proprietors, C corporations, and individuals throughout ...
CRA Public File Management: Why Electronic is Better
“I’d like to take a look at your public CRA file.” You never know who will ask for a copy of your CRA (Community Reinvestment Act) public file. And ...
Disclosure Compliance: Automate Your Bank’s Tracking
It’s Friday afternoon, and you stop by your desk to check voicemail one last time. Today is going to be a fun day. Each year, your institution hosts a ...
Audit Prep: Why a Paperless Approach Makes Sense
Disclaimer: The following post was originally published on the Commercial Finance Association blog. (Re-posted with permission.) How much time does ...
