Risk/Compliance

Our Risk page is the top spot to learn about business continuity, compliance, enterprise risk management, fraud, and vendor management.

Top Risk/Compliance Articles

Partner Perspectives

Cybersecurity Considerations For The AI Age

The rise of AI-powered technology continues to transform how credit unions should protect their data, innovate their solutions, and fortify their defenses against evolving fraud ...
Blogs

Data Breaches Are More Expensive … And The Costs Are Growing

A new study from IBM Security finds data breaches are costing more to handle while identifying and containing them isn’t getting any faster.
Features

Equity In Lending Takes Center Stage For 2 Credit Unions

A pilot program aims to increase access to credit for people of color by bringing together multiple lenders to share data and practices as well ...
Features

ChatGPT Has Everyone Talking. Here’s What Some Are Saying.

Senior leaders across multiple credit unions talk about how their organizations are tackling the explosive new iteration of artificial intelligence.
Blogs

Cryptocurrency Losses Fuel Jump In Elder Financial Abuse Claims

A new report from the FBI finds total losses from elder financial abuse rose by 84% last year compared to 2021 figures.
Features

ValleyStar Credit Union Taps Student Talent

A collaboration between the credit union and Virginia Tech is benefitting the credit union while also providing master’s degree candidates real-world business experience.
Features

5 Factors Contributing To Increased Risk For Credit Unions

Rising auto delinquencies, higher charge-off risk, and what you can do to protect your loan portfolio.
Blogs

Silicon Valley Bank Failure: FASB And Auditor Implications

The accounting standard concerning intent and ability was violated, and those charged with governance and oversight of the bank failed in their roles. All of ...
Features

6 Credit Union Fiduciary Responsibilities You Might Not Think Of

To ensure they are properly fulfilling their duties, credit union directors typically consult with a variety of stakeholders, but there’s one source of assistance directors ...
Features

After 7 Years, CECL Is Here. Quest FCU Was Ready.

The Ohio cooperative has been working with vendors and testing new solutions to find the right fit for the new reporting standards.
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