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Of 72 FDIC-regulated banks whose CRA ratings were made public in May, only Laurel Road Bank in Darien, Connecticut received a less-than-satisfactory rating. Chief weaknesses included making a majority of its home mortgage and small business loans outside of its assessment area and a poor penetration of loans among individuals of different income levels and businesses of different sizes. [5/7/18]
Business email compromise (BEC) schemes are on the rise. In fact, with the number of Suspicious Activity Reports for BEC more than doubling since 2016, the Financial Crimes Enforcement Network recently issued three alerts on the subject. Here’s a quick overview of what BEC is, how you can identify it, and how it impacts your SAR filings. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video