by Chinedu Nnadi | Jan 1, 2024 | RADD BUZZ
Enterprise risk assessments are a critical component in the risk management framework of financial institutions. These assessments are essential in identifying, analyzing, and managing a wide array of risks, ranging from operational to regulatory challenges. In the...
by Chinedu Nnadi | Dec 18, 2023 | RADD BUZZ
In today’s financial landscape, where institutions are pivotal to the stability and prosperity of economies, compliance is more crucial than ever. These institutions operate in a landscape marked by intricate regulations and heightened scrutiny. At the heart of...
by Chinedu Nnadi | Dec 5, 2023 | RADD BUZZ
Today’s financial world isn’t only more complex than ever but also filled with significantly more regulations and compliance requirements. Properly understanding these regulations and knowing what your credit union needs to do to comply is vital. Getting the right...
by Chinedu Nnadi | Nov 29, 2023 | RADD BUZZ
In 1977, the Community Reinvestment Act (CRA) was established to address lending inequities, emphasising reinvestment in underserved communities. Yet, with the rise of digital banking, our understanding of ‘community’ has transformed. Now, an updated CRA...
by Chinedu Nnadi | Oct 6, 2023 | RADD BUZZ
For financial institutions, risk is not merely an aspect; it’s an inherent trait that threads through every transaction, decision, and strategy. From the tumultuous waves of global economies to the subtle ripples of local market fluctuations, the capacity to...