2 min read
Third-Party Risk Management: Properly Rating Inherent Risk
Whether it’s outsourcing core functions or leveraging specialized technology, working with third parties can introduce significant risks. To mitigate...
Compliance
3 min read
Understanding the Second Amendment to DFS Part 500: What Financial Institutions Need to Know
The Second Amendment to the New York Department of Financial Services (NYDFS) Part 500, finalized on November 1, 2024, introduces more stringent...
2 min read
Managing Facebook Accounts for Financial Institutions
In today’s world, social media is a powerful tool for businesses of all types, including financial institutions. But with power comes responsibility...