News & Publications


In The Press

  • ‘Know your customer’ goes corporate: Understanding FinCEN’s Customer Due Diligence Final Rule

    CBInsight; Online; September 2016

    Organized criminals sometimes employ loopholes to sneak illegally gotten cash into the banking system, like exploiting differences between international regulations and hiding behind legal entities and organizations. In response, the G20 issued its High-Level Principles on Beneficial Ownership Transparency in 2014—a pact amongst member countries to improve the transparency in legal entity ownership and recognize its importance in protecting the global financial system.

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  • Mobile-Based Cybercrime Risks: Five Ways to Protect Your Institution From Attacks

    Texas Banking; Online; September 2016

    It’s a reality today that there are nearly as many cell phones in the world as there are people. And mobile banking is one of the fastest growing areas in financial services, with adoption among mobile phone owners now reaching 43 percent—up from 33 percent in 2013. 

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  • The Polar Opposites That Make Up Today’s Digital Payments Environment

    Western Banker; Online; September/October 2016

    When you think about it, mobile payments are nothing new—we’ve used online retailers, company-specific apps and P2P payments for a while now. But digital wallets that let consumers make instant payments with their smartphones are the option with true staying power.

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  • Bank of Nova Scotia: The Perfect Bank Stock for Millennials

    The Motley Fool; Online; August 2016

    Royal Bank of Canada might have the most assets and net earnings of any Canadian bank, but when it comes to courting millennials, Bank of Nova Scotia has its peers over a barrel—a digital one, that is.

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  • Higher Expectations. Why the right digital strategy is critical to banking now

    Banking Exchange; Online, August 2016

    What is the role of traditional financial services institutions in a digital world? Most sources agree financial institutions will need to retain their traditional value proposition while deploying digital.

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  • Is it time to trade in your core?

    CBInsight; Online; July 2016

    Have you ever seen a car driving down the highway that has obviously seen better days? You know the one—taillight out, belching smoke, a bumper hanging half-way off. While buying a new car can be pricey, the risks from not doing so—to the car’s driver and other drivers on the road—are even greater.

    A bank’s core system is very similar. While a core conversion can be costly and complicated, putting off a needed system change is far more risky than the conversion itself.

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  • Four Steps to Winning the Vendor Management Battle

    Western Banker; Online; July 2016

    Community banks are not immune to the risks companies face today, particularly those associated with vendor management. Between the vendor management guidelines issued by the OCC in 2014 and the FFIEC in 2015, regulators have made it clear that banks are expected to know the companies with which they do business.

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  • Will an erratic election year affect your community bank?

    CBInsight; Online; June 2016

    Community banks focus on the future by planning, forecasting, considering customer delivery preferences and assessing risks before they occur. Good thing … America is in the midst of the 2016 election cycle, and your bank should be planning now for possible exposure to a risk that’s lesser known and not often discussed—political risk. 
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