How to add predictive analytics into your risk program. Risk reports are often limited to historical insights and issues and do not provide guidance and insights into the future of the organization. Adding predictive analytics can allow your organization to detect emerging risks and create mitigation plans. This can be achieved by combining internal and external key risk indicators (KRIs) and key performance indicators (KPIs) with regulatory intelligence. This ensures that risk reports can detect more issues and highlight areas of concern. Click here to learn more.
FDIC website warning
A warning has been issued by the FDIC advising bank customers on the potential for confusion between FDIConnect.com and the FDIC-run secure portal, FDICconnect.gov. FDIConnect.com, which advertises itself as a consumer-focused provider of FDIC pass-through insurance for bank deposits, is not affiliated with the FDIC. A similar warning was recently issued by the California Department of Business Oversight.