Monday, January 27, 2014



The following articles are featured in the Compliance section:
  • Is Outsourcing Transaction Monitoring the Best Option?
  • Reg B Appraisal Rules and CFPB Mortgage Liens
  • CTR Required If Multiple Cash Advances in 1 Day?
  • New TIL Rules Require Force Place Hazard Insurance
  • Non-Bank Lending Institutions Subject to Regs?
  • OFAC Check and Accounts Payable Issue
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71% of banks surveyed believe that loan document management systems are "good investments"? Is your bank fully leveraging technology to drive better visibility, accountability, workflow, and ROI? To learn how other institutions are leveraging technology, download this free study from AccuSystems.



The following articles are featured in the Lending section:
  • What Should Our Bank Look for in a Scanning Solution?
  • Should banks use iPads or tablets for loan management?
  • What are the pros and cons of going paperless in loan management?
  • Allowed to Charge for 2 Credit Reports?
  • Exclude Tax Service Fee/Flood if 3rd Party?
  • Life of Loan Flood A Prepaid Finance Charge?
  • Furthest Payment Date When Financing Vehicle
  • Best Practices to Require Business Loan Apps
that risk assessments are keys to helping you comply with risk management and data security mandates? A risk assessment saves you both time and money by determining which areas of the company are most vulnerable and helping you prioritize information security spending. Click here to learn more about risk assessments.



The following articles are featured in the Operations section:
  • Non-Profit/Charity As Beneficiary On Deposit Acct
  • How to Title Benefit Account for Medical Expenses
  • Suspicious On-Us Checks: Possible Structuring
  • Returning Item w/ Signature on File On It
  • Check Deposit If Business Customer Has Loans
  • Privacy Doc Required for Each New Account Opened?
there are countless advantages to outsourcing BSA/AML Transaction Monitoring to the experts? Imagine NO MORE transaction monitoring, alerts, caseloads and staffing issues, while creating more time for other responsibilities. Outsource your transaction monitoring to AML RightSource and experience continuous process improvement to increase the effectiveness of your BSA program.



The following articles are featured in the Security section:
  • Perform OFAC Screening if Domestic Routing Number?
Fannie Mae and the OCC have issued recent appraisal QC requirements? It's more important than ever and a common source of buyback requests, so download the collaborative industry white paper "Appraisal QC: Industry Best Practices" here.

conducting Regression Analysis on your loan data is the only definitive way to determine if your institution treats all applicants equally. However, Fair Lending Regression Analysis isn't right for everyone. Download a FREE eBrief, "A Fair Lending Regression Primer" from TRUPOINT Partners to learn how regression is used in Fair Lending compliance.



Read the Current Edition of Tech Talk

a solution that works across multiple functions can help you book new account revenue faster? LexisNexis® Bridger Insight XG streamlines account openings by helping you complete sanctions, enforcements, PEP and negative news list screening for AML/CTF compliance. Are you leveraging the power of complete flow-through automation? Click here to explore the power of Bridger Insight XG today.



Are you looking for help from other bankers?
Check out the
Bankers' Threads!

Copy of driver's license required?
Can anyone tell me if a bank is required to keep a copy of a customer's driver's license?

Read and weigh in with some helpful information on Copy of Drivers License required? in the BSA/AML/CIP/OFAC Forum

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