Compliance

BancorpSouth in Tupelo, Miss., has again extended the deadline to complete its acquisitions of Central Community in Temple, Texas, and Ouachita Bancshares in Monroe, La.

Federal regulators have unveiled a much-anticipated tool meant to help institutions assess their own cybersecurity systems.

The ACHBanking payment processing gateway has added Office of Foreign Assets Control standards to its service to better comply with regulations for preventing fund transfers between parties on government watch lists.

In the aftermath of passage of a sweeping law like Dodd-Frank, sharp divisions are relatively common. What’s unusual is the way the divide has persisted five years later, and in many ways has even hardened.

According to Verizon's 2015 Data Breach Investigation Report, approximately 20% percent of data breaches come from an internal source. This requires a change in an issuer's culture compliance to combat the problem.

A role many people did not understand less than a decade ago has become integral to how banks navigate a new set of postcrisis hazards.

American Banker Research conducted a detailed online survey of 49 risk management executives from our readership as part of the inaugural C-Suite Series. The respondents included risk managers from banks with over $10 billion in assets all the way down to institutions with less than $100 million in assets. Questions covered topics from where risk officers devote the most attention to what roles they see themselves taking on next. The survey reveals executives' significant focus on regulatory risk and that boards are being responsive to concerns raised by chief risk officers. Here are highlights from the research.

The executive in charge of protecting JPMorgan Chase & Co.'s computer network from hackers has been reassigned, after a year on the job that included controversy over his handling of a massive data breach and the departure of several top security team members.

WASHINGTON — Federal regulators on Tuesday unveiled a much-anticipated tool meant to help institutions assess their own cybersecurity systems.

WASHINGTON — Federal regulators on Tuesday unveiled a much-anticipated tool meant to help institutions assess their own cybersecurity systems.