Article | October 28th, 2021

Three Tips to Manage Third-Party Cybersecurity Risk

Banks can manage third-party vendor risk through interbank collaboration, thorough due diligence and periodic reviews of the vendor’s performance.

By: Viviana Campanaro
BD Article
Article | October 26th, 2021

Complacency Becomes a Major Risk

Bankers may be underreacting to embedded and emerging credit risks as the economy normalizes, according to presenters at Bank Director’s Bank Audit & Risk Committees Conference, held Oct 25 to 27.

By: Kiah Lau Haslett, managing editor for Bank Director
Article | October 21st, 2021

The Gap in the Three Lines of Credit Risk Management Defense

If the first line of defense in the credit risk management program underperforms, all three lines — and the bank — suffer.

By: T. Alexander Spratt
Article | October 18th, 2021

A Deep Dive Into Wire Fraud and Business Email Compromise

Banks should be aware of several trends in the current fraud landscape to prevent loss and stay a step ahead of financial crime.

By: Verafin Staff Writer
Viewpoint | October 13th, 2021

Should Banks Tie ESG to Incentive Plans?

Discussions around ESG are increasing, and banks should be prepared to share how they intend to embrace these initiatives.

By: Susan O'Donnell, Daniel Rodda
Article | October 12th, 2021

Are Fixed-Rate Loans the Quick Fix?

Banks should evaluate the tradeoffs and potential returns that come with offering fixed-rate loans and explore alternative solutions to address margin pressure.

By: Isaac Wheeler, Ramon Rodriguez
BD Article
Article | October 11th, 2021

How Two Community Banks Added Remote Directors, and Why More Should

While many community banks draw director talent from their geographic markets, they may want to consider directors that are remote but bring essential skills, experiences and perspectives.

By: Kiah Lau Haslett, managing editor for Bank Director
Article | October 8th, 2021

Cryptocurrency: The Risk Banks Already Have

Every bank likely has exposure to cryptocurrency in some capacity; savvy institutions will ensure they understand their current exposure.

By: Russell Sommers
Article | September 27th, 2021

Five Trends in AML Compliance in 2021

Banks should be aware of and prepare for several important updates in anti-money laundering regulations this year.

By: Laura Spiekerman
Article | September 23rd, 2021

How Embedded Compliance Plays the Game to Win, Not Break Even

Banks can choose to view compliance as an integrated part of the data management process, increasing efficiency, improving the customer experience and making the institution safer.

By: Greg Bierl