by Radhika Lipton | Aug 22, 2024 | RADD BUZZ
When it comes to internal audits, the selection of the right audit partner can make or break the process. A well-crafted Request for Proposal (RFP) is your first and most crucial step in ensuring that you engage with a firm that not only understands your unique needs...
by Radhika Dholakia-Lipton | Aug 22, 2024 | RADD BUZZ
Counterfeit check fraud remains a significant threat in banking, even as technology and security measures advance. Fraudsters use sophisticated techniques to create fake checks that closely resemble legitimate ones, making detection challenging. This type of fraud can...
by Radhika Dholakia-Lipton | Aug 22, 2024 | RADD BUZZ
In today’s rapidly evolving business landscape, the importance of a robust internal audit function cannot be overstated. At the heart of every successful internal audit lies a well-crafted risk assessment, a critical process that helps organizations identify,...
by Radhika Lipton | Aug 22, 2024 | RADD BUZZ
Great News! ???? We are thrilled to announce that RADD LLC has been selected to partner with an $810M Credit Union to conduct a special review of their consumer lending portfolio. Our focus will be on analyzing and enhancing practices related to defaults, ensuring...
by Radhika Lipton | Jul 28, 2024 | RADD BUZZ
RTP® Network and FedNow® Service, the two central US instant payment rails, have shown how the speed of instant payments amplifies the need for robust risk management strategies for participating financial institutions (FIs). The Federal Reserve, which backs FedNow®...
by Radhika Lipton | Jul 19, 2024 | RADD BUZZ
The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) establishes mandatory requirements for the licensing of mortgage loan originators, enhancing consumer protection and reducing fraud within the mortgage industry. This blog post explores the...
