Learn why generic e-signature solutions aren’t enough and what true document workflow automation looks like for community financial institutions.
A CSA program is an essential component for financial institutions. A Compliance CSA Program typically
encompasses retail branches, deposit operations, and loan operations/administration.
The Compliance aspects of vendor management continues to be one of the hot topics of Regulatory Examinations. As a result, time devoted to this topic seems to be in order.
NXTsoft, a secure connectivity platform provides businesses the ability to consume, aggregate and automate data announced that it will rebrand the Digitel business unit as ThreatAdvice by NXTsoft. Starting today digitel.net will be redirected to nxtsoft.com/services. NXTsoft will continue to offer all of Digtel’s traditional services, just under a new name.
The document provides examples of risk management practices for a financial institution’s safe and sound use of cloud computing services and safeguards to protect its customers’ sensitive information from risks that pose potential consumer harm.
The purpose of this article is to briefly review some of the key points of the Private Flood Insurance Rules.
On April 1, 2020, the CFPB issued its Statement on Supervisory and Enforcement Practices Regarding the Fair Credit Reporting Act and Regulation V in Light of the CARES Act.
With all the recent flooding incidents in the country, it may be useful to review some of the steps to determine the amount of flood insurance for each collateral improved piece of real estate located in a special flood hazard area (INCLUDING ABUNDANCE OF CAUTION OR INCIDENTAL COLLATERAL) or for a LOAN SECURED BY A MOBILE HOME located in a special flood hazard area (whether or not loan is secured by the real estate).
COVID or not, things continue to roll along in the financial services industry. As a result, perhaps a review of some of the most common lending area compliance questions or potential pitfalls is in order. The goal of this article is to focus on just a few on the consumer side of lending.
With so much focus on Consumer Compliance documentation, on occasion it can be useful to step back and take a look at some of the most common commercial compliance documentation questions/potential pitfalls. Here are just a few documentation items for consideration.
Mark your calendars: all remaining financial institutions will adopt CECL, and they will reserve day-one exposure on January 1, 2023.
Join NXTsoft and Skyway Capital to discuss the top five considerations for a credit union to purchase a bank. Register for the free webinar!
NXTsoft, the leading provider of data & image migrations to the financial industry, released its quarterly review of industry merger & acquisition data for Q1 of 2020.
