There are more regulatory changes today than ever before - and many more are coming. As financial institutions have been blamed in part for the current lending crisis and gloomy economic outlook, examiners are focusing on these hot compliance areas, and even those finer points of the law and regulation that have been ignored in the past. Some of the new regulations carry not only examiner scrutiny, but civil liability to customers as well! Read more 
In 2007, the regulators finalized new regulations requiring financial institutions to develop and implement an Identity Theft Prevention Program. The new regulations became effective on January 1, 2008 and have a mandatory effective date of November 1, 2008. It's not too late to get your program in place. Look to Metavante Regulatory Services for guidance in developing an Identity Theft Prevention Program.
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Implementing an automated solution to monitor for money laundering is just one part of a comprehensive AML compliance program. Examiners require financial institutions to train employees to recognize suspicious activity and how to take action. Are your employees receiving the proper investigative AML training? Read more
Security protects information and the organization's resources while compliance requires you to use those resources to comply with regulations. SecureWorks' Ted Kinston explains why is it important to keep your security and compliance initiatives aligned and working toward the same goals. Read more
John Hurlock, Director of Integrated Risk Management for Metavante, discusses the move toward Integrated Risk Management, which helps financial institutions to better recognize correlated events and provide transparency into the areas responsible for managing particular risk exposure.
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Fighting Online Financial Fraud
Today, the most popular method used to commit financial fraud in the online channel is by identity takeover using malicious programs called Trojans, also known crimeware. This occurs when a fraudster takes over an existing identity or account in order to steal funds from the account. Financial institutions must employ a layered approach, combining a variety of solutions that are each designed to fight the online threat of crimeware at different levels. Is your financial institution prepared and protected?
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