Explore recent regulatory news and updates, including the CFPB's ongoing funding challenges and new proposed rules, the Supreme Court's decision extending the statute of limitations on regulatory actions, and more! Check out an overview here or watch the video highlights 👇 https://lnkd.in/gMAzbFTw #RegulatoryCompliance
Ncontracts
IT Services and IT Consulting
Brentwood, TN 11,019 followers
We are the leading provider of risk management and compliance solutions for financial services companies.
About us
Ncontracts provides integrated risk management and lending compliance software to a rapidly expanding customer base of over 4,000 financial institutions, fintechs, and mortgage companies in the United States. The company’s powerful combination of software and services enables financial institutions to achieve their risk management and compliance goals with an integrated, user-friendly cloud-based solution suite that encompasses vendor risk, organizational risk, audit risk, and lending compliance management. The company was recently named to the Inc. 5000 fastest-growing private companies in America for the 4th consecutive year.
- Website
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https://hubs.ly/H0PF3Cr0
External link for Ncontracts
- Industry
- IT Services and IT Consulting
- Company size
- 201-500 employees
- Headquarters
- Brentwood, TN
- Type
- Privately Held
- Founded
- 2009
- Specialties
- Financial Enterprise Risk Management, Vendor Risk Management, Organizational Risk Management, Compliance Risk Management, Cyber Risk Management, Business Continuity Management, Contract Management, Audit Management, Intranets, Board Portal, Fair Lending Compliance Management, HMDA and CRA Transmittal, CRA Compliance Management, Automated Compliance, and Risk Performance Management
Locations
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Primary
214 Overlook Circle
Suite 270
Brentwood, TN 37027, US
Employees at Ncontracts
Updates
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Fair Lending #Compliance News | A recent court ruling affirms the CFPB's authority to act against lenders who discourage prospective applicants from applying for credit. This decision broadens the interpretation of Equal Credit Opportunity Act and emphasizes the importance of fair marketing practices in lending. Read more understand the implications for your institution's fair lending compliance strategy: https://lnkd.in/gRzNpR3v #FairLending #FinancialServices
CFPB Can Act Against Lenders that Disparage Prospective Applicants
ncontracts.com
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Ncontracts' August webinar, “The Ultimate Business Continuity Q&A,” is coming soon! Submit your questions and register for the live event here 👇 https://lnkd.in/gq_QRD-U
Business Continuity Q&A
ncontracts.com
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Ncontracts has made the Inc. 5000 list of fastest-growing private companies in America for the 6th year in a row! 🎉 Our continued growth is a testament to our exceptional team and 4,000 clients who trust us as a partner in their journey to better risk and compliance management. https://lnkd.in/gQVBWh3X #Inc5000
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Regulators are taking AI risk in banking seriously. A recent report from the U.S. Treasury offers a roadmap for navigating the current regulatory landscape and outlines challenges facing the financial services industry. Learn more in our latest blog post: https://lnkd.in/gxyEWfY8 #ArtificialIntelligence #RiskManagement #Regulation
AI and Regulatory Risks: What FIs Need to Know | Ncontracts
ncontracts.com
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Questions about business continuity and operational resilience? Join us this month for an interactive Q&A event: 📗 Title: The Ultimate Business Continuity Q&A 📆 Date: Thursday, August 22 🕐 Time: 1:00 PM CT 🗣 Speakers: Steve Fochler, CBCP, CCRP, NCVMP & Rafael DeLeon Register now 👉 https://lnkd.in/gq_QRD-U #BusinessContinuity #webinar
Business Continuity Q&A
ncontracts.com
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#Compliance News | Regulators issue new interagency statement on banks’ arrangements with third parties to deliver bank deposit products and services. Review takeaways in our latest blog: https://lnkd.in/gzUSGZZb #BankingCompliance #ThirdPartyRisk
Regulators Offer Up More TPRM Insights: What You Need to Know
ncontracts.com
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Ncontracts reposted this
Chief Revenue and Customer Officer |Transformative SaaS Growth Leader | Cyber and Incident Response| Blockchain Analytics | Culture Carrier
Ncontracts has a phenomenal culture with an amazing product set, and we continue to grow! We are looking for some fantastic individuals to join our BDR team. If interested - please follow the link below and apply!
We are looking for experienced Business Development Representatives (BDRs) ready to take their sales career to the next level! Interested in this exciting opportunity? Learn more about the role or apply here: https://lnkd.in/gt5ZeqS5. If you have any questions, feel free to reach out.
Business Development Representative - Ncontracts - Career Page
ncontracts.applytojob.com
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Findings are a critical piece of the risk puzzle for financial institutions. Discover best practices for managing audit and exam findings in our complimentary whitepaper: https://lnkd.in/g7a-RyEe
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Ncontracts reposted this
SVP of Industry Engagement at Ncontracts. Board of Directors of MainStreet Bancshres, Inc and MainStreet Bank
Given my three decades of experience, I've observed significant changes in the financial landscape. The recent Joint Statement on bank-fintech arrangements is a crucial development that requires attention. Here are three key takeaways I've identified: 1. Comprehensive Risk Governance is Non-Negotiable Throughout my career, I've seen banks falter when they lack robust oversight of third-party arrangements. The regulators are clear: thorough due diligence, ironclad contracts, and ongoing monitoring are essential. Remember, you can outsource the function but not the responsibility. 2. Operational Resilience is Your Lifeline In an increasingly digital world, operational hiccups can quickly escalate into problems. I've witnessed firsthand how strong internal controls and well-crafted contingency plans can make or break a bank during turbulent times. And don't forget - AML/CFT compliance remains as critical as ever. 3. Strategic Risk Management is Your Compass I've observed many banks get caught up in the excitement of rapid growth, only to stumble when they outpace their risk management capabilities. The message is clear: manage your growth strategically. Set prudent concentration limits, shore up your liquidity, and always, always ensure you're treating your customers fairly & equitably. These aren't just regulatory checkboxes - they're the pillars of a resilient, forward-thinking institution.
Agencies Remind Banks of Potential Risks Associated with Third-Party Deposit Arrangements and Request Additional Information on Bank-Fintech Arrangements
occ.gov