Topics: Compliance

Stress Testing and Data CollectionMay 23, 2013Exactly what kind of data do banks need for bottom-up stress testing?
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Electronic signature — Part I: Challenges and Business JustificationMay 22, 2013This article - the first in a two part series - looks at the successes some banks have had with e-signature adoption and examines some of the remaining barriers regarding regulation and organizational silos that still exist in adopting e-signatures in the financial services sector.
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The CFPB Goes Mobile To Collect Customer ComplaintsMay 16, 2013With many Latinos in the U.S. accessing the internet primarily through a mobile device, the CFPB has optimized its new Spanish language website for an interactive mobile experience.
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More Bang for the FATCA BuckMay 10, 2013In the final article in a three-part series on FATCA compliance, we explain why banks need to look for solutions that help them collect and analyze customer identification information to help with compliance in multiple areas beyond FATCA.
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Are Spreadsheets Lurking in Your Infrastructure?May 06, 2013Bank management teams should focus on correcting vulnerabilities within their own operations.
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Making Regulation Work for You: How Banks Can Take Advantage of the New RulesMay 02, 2013Regulation offers valuable business opportunities for financial services firms in 2013 and well into next year
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Devil in the Data: Making the FATCA Deadline Requires AutomationApril 25, 2013In the second of a series of articles on FATCA compliance we explain why banks need to look for a centralized technology solution that circumvents data silos to get a full view of their customers who can be affected by FATCA.
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Cyber Security – Avoid Prescriptions When Keeping Up With ThreatsApril 19, 2013Banks are part of a interconnected ecosystem with law enforcement, vendors and other critical industries when it comes to cyber security. New cyber security regulations should help to facilitate cyber security efforts among these players instead of burden banks with a checklist of to-do’s.
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Can Your Bank Make the FATCA Deadline without Jeopardizing Your Business?March 29, 2013Over the next month Bank Systems & Technology will run a series of articles from experts at Capgemini concerning the upcoming FATCA regulations. This article, the first in the series, explores five strategies to meet the FATCA deadlines without h
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Q&A: Core Systems Transformation Best Practices In A Changing LandscapeMarch 27, 2013Marcia Wakeman, partner, and Chia-Hsin Chung, managing principal, of financial services IT consultancy Capco discuss trends they are seeing in core systems replacement efforts and the best practices to consider when undertaking a core transformation effort
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Temenos Acquires U.S. SAAS Core Banking Provider TriNovusMarch 22, 2013Swiss core banking vendor Temenos announced it is acquiring TriNovus to further its growth strategy in the U.S. to provide a SAAS version of its T24 core banking solution.
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State-Free Bank Safety Net Still Work in Progress: RegulatorsMarch 13, 2013Reforms to the world's financial system still fall short of ensuring that big and systemically important banks will not need to be bailed out by governments if they fail, regulators say.
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Top Quotes from SWIFT Operations Forum Americas 2013March 08, 2013Seven insights about regulatory compliance from the recent SWIFT Operations Forum Americas.
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Who is Your Borrower in a Virtual World?March 08, 2013Regulations are murky in defining how banks should verify customer identity when a new customer opens an account or credit line through digital channels, but best practices are emerging to help banks with customer identity verification in those instances.
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Number of Undercapitalized Banks At Lowest Level Since 2009, Report SaysMarch 05, 2013A report released today by SNL Financial shows that the number of undercapitalized banks has declined significantly in recent years, but much of that decline has been caused by bank failures.
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Risk In The Supply Chain A Growing Concern for Banks and RegulatorsMarch 01, 2013A new white paper by Information Services Group argues that banks are falling short of regulatory standards in managing supply chain risk and governance.
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Oracle Launches New Compliance and Risk Management SolutionsFebruary 22, 2013New Oracle Financial Services Foreign Account Tax Compliance Act Management targets pending FATCA requirements; expanded Oracle Financial Services Enterprise Risk Management suite addresses challenges around stress testing and model risk management.
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New Study Finds Bankers Expect Big Challenges And Few Benefits From Dodd-Frank 1073January 29, 2013Bankers believe Dodd-Frank 1073, which will regulate cross-border-payments and will be implemented this year, will have a negative impact on their payments business, according to a new survey.
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The Compliance Risk of Social MediaJanuary 29, 2013The guidelines recently issued by the FFIEC on risk management and the use of social media for financial institutions only scratches the surface of this burgeoning issue.
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Delaying EMV Migration Risks Significant Losses for U.S. IssuersJanuary 25, 2013U.S. card issuers who delay migration to EMV face a rapidly increasing risk of loss, largely due to the impact of fraud migrating from countries where EMV deployment is more advanced. U.S. issuers should begin to make preparations now.
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