In the wake of Europe’s most sweeping data regulation, it’s time for banks in the U.S. to take a reality check on their security practices.
Marijuana is legal in most states but illegal federally. That’s meant a funding struggle, with few banks ready to take the risk that serving these new businesses presents.
The race is on to meet new cybersecurity measures. Data-centric security platforms could steer banks in the right direction.
The current expected credit loss standard has institutions scrambling. But once banks know the basics, credit loss reporting can become a stress-free exercise.
Pam Perdue, the Executive Vice President and Chief Regulatory Officer at Continuity, lays down the blueprint for getting compliance out of silos and into the lifeblood of financial institutions.
The Current and Expected Credit Loss model promises major changes for bank accounting. Here’s how to tackle the required changes before the clock runs out.
Jo Ann Barefoot discusses how RegTech promises to deliver high speed, low costs and increased efficiency by shifting regulatory and compliance efforts into the digital age.
With a new loss-reporting standard for financial institutions, much depends on sound data and methodology that surrounds it.