Third-party risk management is worth doing well—not only to protect your institution’s reputation, resources, and customers, but also because third-party risk management is part of safety and soundness exams. Falling…
Read More
Category Archives: Publications
Third Party Management isn’t new, but its importance is growing in every industry and the financial services sector is leading the way. With an average of three years’ experience to…
Prepaid Cards include general purpose programs; cards marketed for specific purposes such as travel or receipt of tax refunds; cards for specific users such as teenagers and seniors; payroll cards;…
In late 2013 the Office of the Comptroller of the Currency and the Federal Reserve issued updated guidance on third-party/vendor risk management. In response to increased regulatory pressure on its…
Regulatory stakes are rising at a pace that exceeds many financial institutions’ ability to respond. Similar to FACTA, Anti-Money Laundering and other “Know Your Customer” guidance, regulators expect institutions to…
Recent Comments