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Risk Reporting

A collection of 3 posts
A Guide to 1071 Voluntary Reporting
Risk Management

A Guide to 1071 Voluntary Reporting

One of the many complex aspects of the Consumer Financial Protection Bureau (CFPB)’s rule implementing section 1071 of the Dodd Frank Act is the option for voluntary reporting. What does this option look like for covered financial institutions? Why might a lender want to participate? What are the pros
31 Oct 2024 5 min read
Identifying Fraud Red Flags at Your Financial Institution
Risk Management

Identifying Fraud Red Flags at Your Financial Institution

Artificial Intelligence (AI), synthetic identities and in-person fraud at financial institutions are just a few of the schemes that are popping up in today’s climate, according to Experian’s Fraud Trends 2024 – Experian’s Future of Fraud Forecast. While these specific scams may be new, the concept of fraud
27 Jun 2024 9 min read
How to Create an ERM Report That Tells a Story
Risk Management

How to Create an ERM Report That Tells a Story

Picture yourself, for a moment, back in kindergarten. You were just learning how to read with short sentences and lots of pictures. Over the years, throughout the rest of your school career and into adulthood, the stories evolved from two and three-word sentences accompanied by lots of illustrations to long
21 Jun 2023 6 min read
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